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The official token of Pump.fun (PUMP) has unexpectedly gone up by 15% in the past 24 hours and currently stands at 0.0030 despite losing its lead to LetsBonk.fun in the past few months.
Trading volumes have gone up by 22% during this same period and currently sit at $665 million – accounting for nearly half of the token’s circulating market cap.
LetsBonk.fun flipped its competitor in just a few weeks by offering better rewards to users for creating meme coins. Data from CryptoRank shows that daily revenue from LetsBonk is nearly four times higher, while its market share now stands at 60%.
LetsBONK flippening to $PUMP is plain savage 🫨 pic.twitter.com/sUlYyI1bMy
— Crypto Rand (@crypto_rand) July 31, 2025
Prior to the launch of Launch Labs by Raydium and LetsBonk, Pump.fun was the leading platform in this particular segment of the Solana ecosystem with a 90% market share.
Despite today’s jump, PUMP has accumulated a 53.2% loss in the past 30 days after a successful initial coin offering (ICO) that raised around $500 million in just a few minutes.
Pump.fun’s social media accounts have been quiet today despite this unexpected price surge. The crypto community is wondering if this sudden spike could anticipate some major news.
In the absence of insider trading and other similar legislations applicable to cryptocurrencies, investors with privileged or early knowledge about a specific project can front-run the market without fearing legal consequences.
Hence, the crypto community tends to interpret unjustified price spikes like this as an early indication that breaking news is coming.
Rumors point to a potential major CEX listing. For example, Binance, Kraken, and Upbit have not yet listed PUMP in their spot markets. If they proceed to support PUMP, the price could skyrocket instantly as a flood of liquidity will flow to the token.
Hourly Chart Favors Big Move to $0.0040 If This Key Support Level Holds
Looking at the hourly chart, we can see that today’s surge has pushed the price above a key area of resistance at $0.0030, where selling pressure was quite strong days before.
Now the price action has returned to retest this level. If the price bounces off this area after this retrace, it would indicate that buyers are ready to scoop up PUMP at a much higher price than a couple of days ago.
This would support a bullish outlook and could propel PUMP to much higher levels – possibly eyeing the $0.0040 zone first.
Meanwhile, if a major listing does come through, chances are that we could see PUMP exploding to levels not seen in days – especially if Binance incorporates the token to its platform.
The most relevant resistance to watch at this point is the 200-period exponential moving average (EMA) in this lower time frame.
A break above this mark will indicate that the trend’s direction has changed from bearish to bullish. Moreover, a move above $0.0030 will also confirm a reversal and could anticipate a huge upward move from PUMP for the next few days.
As these platforms fight for the lead in the Solana ecosystem, one token could leverage Dogecoin’s dominance of the crypto space and take full advantage of this bull cycle.
Maxi Doge (MAXI) embodies the spirit of traders in an “up only” market where red candles are not allowed. In just a couple of days, this promising crypto presale has already raised more than $100,000.
Maxi Doge (MAXI) Uses Excess Leverage and No Stop Loss Cause YOLO
Maxi Doge (MAXI) shares the rallying cry of an entire generation who sees in crypto a way out of their mom’s basement.
This token is what happens when you mix 1000X leverage with extreme positive sentiment from a pro-crypto President in the United States.
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This is an “up only” market where the most savage traders are the ones who will reap life-changing gains.
To buy $MAXI at its discounted presale price and get on board with the hype, head to the Maxi Doge website and connect your wallet. You can either swap USDT or ETH for this token or use a bank card to invest.
