Pump.fun token climbs 5.7% as an afternoon rally holds

Pump.fun token climbs 5.7% as an afternoon rally holds into night

Pump.fun’s PUMP token is up 5.7% in 24 hours at $0.005087 as of 7:40 p.m. ET on Oct. 21, after a climb that began late Wednesday morning.

The quick take

Price: $0.005087, +5.7% in 24 hours ↑ and +7.6% over seven days ↑ (CoinGecko).
Trigger: A steady climb from about 11 a.m. ET on a green day for crypto; no single cause is confirmed.
Watch: The 24-hour high of $0.005217 and whether buyers keep their lead in the top pool.

What happened

The Pump.fun token climbs 5.7% in the 24 hours to 7:40 p.m. ET on Wednesday, Oct. 21. Pump.fun ($PUMP) trades at $0.005087, CoinGecko data show. Jupiter‘s price feed agrees at $0.005089, up 5.6%.

The gain came in one stretch. On Binance‘s PUMP/USDT pair, the hourly close was $0.004755 at 9 a.m. ET. It reached $0.005169 by 6 p.m. ET. CoinGecko puts the 24-hour range at $0.004688 to $0.005217.

The token is up 7.6% over seven days and 15.9% over 30 days, by CoinGecko’s count. It still trades 42% below its record high of $0.008819, set on Sept. 14, 2025.

Why it moved

No single cause is confirmed. The wider market was also green: Bitcoin ($BTC) rose 1.7% and Ether ($ETH) 1.2% over 24 hours, per LiveCoinWatch at 7:40 p.m. ET. The $PUMP gain was more than three times Bitcoin’s.

Activity on the platform stayed steady. Pump.fun earned $1.46 million in revenue over the past 24 hours and $9.55 million over seven days, DefiLlama data show. Its PumpSwap exchange holds $361.2 million in deposits.

Who’s buying and selling

Buyers led in the token’s top pool, the PUMP/SOL pair on Orca DEX. DexScreener counts 31,379 buys against 27,790 sells over 24 hours, with $2.38 million in liquidity.

Across all markets, $PUMP traded $198.8 million in 24 hours, CoinGecko shows. That equals about 8.5% of its $2.35 billion market value, a busy day for the token.

What to watch next

The first marker is the 24-hour high of $0.005217. On Binance’s pair, the price eased from $0.005169 at 6 p.m. ET to $0.005093 by 7:40 p.m. ET, so the climb has paused near the top of its range.

Daily revenue is the other number to follow. It shows whether trading on Pump.fun keeps pace with the token’s run.

Bottom line: Pump.fun’s token added 5.7% in a steady afternoon climb, with buyers ahead in its top pool and no single trigger confirmed.

Price data: CoinGecko, checked against Jupiter.