$PUMP Can you still chase this wave?
I think if you buy in above 0.0064, you’re essentially giving the unlocked holders an exit liquidity.
Now this upswing isn’t because the fundamentals suddenly improved—it’s being pushed by buybacks.
Over the past 24 hours, Pump.fun’s fee revenue is about $2.4 million, with roughly half going into PUMP buybacks;
In the last two days, about 200 million coins have been burned per day, and the daily buyback amount is around $1.2 million.
So the bid is real.
PUMP also surged from 0.0037 to around $0.006; in the past 7 days it’s up nearly 30%.
But the buybacks are real, and the unlocks are real too.
There’s another unlock in mid-October on the order of $40 million, and market tracking data shows about 9+ billion PUMP tokens.
Also, the team’s and early investors’ first cliff has already passed—after that, it moves into a steady release phase.
Now some people in the market are starting to question:
Why did KOLs suddenly turn collectively bullish, right as their own allocation starts to be released?
A daily buyback of over $1 million, yet the new monthly supply is at the scale of tens of millions of dollars.
It’s not $HYPE ; behind the HYPE there’s a perpetual contract fee machine, but for PUMP it’s more about sentiment + buybacks + the Meme cycle.
My strategy right now:
Don’t chase above 0.0064. If you’re holding, you can reduce a bit first.
When it comes back near 0.0055, try opening longs in batches, with a stop-loss at 0.0048;
Whether the buybacks can keep absorbing the unlocks is the real lifeline for this PUMP move.
I think if you buy in above 0.0064, you’re essentially giving the unlocked holders an exit liquidity.
Now this upswing isn’t because the fundamentals suddenly improved—it’s being pushed by buybacks.
Over the past 24 hours, Pump.fun’s fee revenue is about $2.4 million, with roughly half going into PUMP buybacks;
In the last two days, about 200 million coins have been burned per day, and the daily buyback amount is around $1.2 million.
So the bid is real.
PUMP also surged from 0.0037 to around $0.006; in the past 7 days it’s up nearly 30%.
But the buybacks are real, and the unlocks are real too.
There’s another unlock in mid-October on the order of $40 million, and market tracking data shows about 9+ billion PUMP tokens.
Also, the team’s and early investors’ first cliff has already passed—after that, it moves into a steady release phase.
Now some people in the market are starting to question:
Why did KOLs suddenly turn collectively bullish, right as their own allocation starts to be released?
A daily buyback of over $1 million, yet the new monthly supply is at the scale of tens of millions of dollars.
It’s not $HYPE ; behind the HYPE there’s a perpetual contract fee machine, but for PUMP it’s more about sentiment + buybacks + the Meme cycle.
My strategy right now:
Don’t chase above 0.0064. If you’re holding, you can reduce a bit first.
When it comes back near 0.0055, try opening longs in batches, with a stop-loss at 0.0048;
Whether the buybacks can keep absorbing the unlocks is the real lifeline for this PUMP move.