The Pump.fun $PUMP token surged 13.04% within four hours to $0.005746 on September 29, extending its 24-hour gain to 14.17%. This price movement was recorded on Binance's spot PUMP/USDT market. The token currently ranks 48th by market capitalization at approximately $2.34 billion. The price increase coincided with $20,000 in long liquidations and $30,000 in short liquidations across Binance, Bybit, and OKX, indicating active trading and volatility in the market.