Pump.fun token recovers 6.7% and wins back Tuesday's drop

Pump.fun token recovers 6.7% and wins back Tuesday’s sudden drop

Pump.fun’s token rose 6.7% in 24 hours to $0.003642 as of 10:40 a.m. ET on Wednesday, back above where it traded before Tuesday’s sharp drop.

The quick take

Price: $PUMP at $0.003642, up 6.7% in 24 hours (CoinGecko, 10:40 a.m. ET).
Trigger: A steady climb from Tuesday’s noon low of $0.00336 on Binance’s PUMP/USDT pair. No Pump.fun announcement explains it.
Watch: Whether the token can stay above $0.003568, where it traded before Tuesday’s drop.

Pump.fun ($PUMP) spent Wednesday morning winning back lost ground, and the Pump.fun token recovers 6.7% over 24 hours. It traded at $0.003642 at 10:40 a.m. ET, according to CoinGecko.

Jupiter’s price feed showed $0.003638, up 7.1%, a gap of just 0.1% from CoinGecko. The token’s market value stands near $1.67 billion, with $108.7 million traded in 24 hours.

What happened

On Tuesday, $PUMP fell hard in late morning trading. On Binance’s PUMP/USDT pair it closed at $0.003568 at 10 a.m. ET, then slid to a low hourly close of $0.00336 by noon.

From there the token climbed back hour by hour. It reached $0.003651 at 9 a.m. ET on Wednesday and stood at $0.003641 at 10:41 a.m. ET. That is 8.4% above Tuesday’s low close.

CoinGecko puts the 24-hour range at $0.003351 to $0.003663. The token now trades near the top of that band.

Why it moved

The cause is not confirmed. We found no Pump.fun announcement in the window that would explain the rebound.

The wider market was firmer too. Solana ($SOL) rose 2.6% to $84.75 on CoinGecko. Bitcoin ($BTC) traded near $74,108, up 0.7%, according to LiveCoinWatch.

The bounce still leaves a weak week behind it. CoinGecko shows $PUMP down 17.1% over seven days.

Who’s buying and selling

Buyers held a small lead on Orca. Its PUMP/SOL pool logged 11,923 buys against 10,454 sells in 24 hours, DexScreener data shows, with $2.35 million in liquidity.

The largest pool was close to even. PumpSwap’s PUMP/USDC pool showed 4,136 buys and 4,273 sells, according to GeckoTerminal. It holds about $21.5 million in liquidity.

What to watch next

The platform’s income has held steady through the swings. DefiLlama’s latest 24-hour reading puts Pump.fun revenue at $840,700, and $6.38 million over seven days.

The token remains 58.7% below its record high of $0.008819, set on Sept. 14, 2025, per CoinGecko. Traders will watch whether buyers keep it above Tuesday’s starting level.

Bottom line: The Pump.fun token has erased Tuesday’s sudden drop, though the reason for the rebound is still unclear.