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Pump.fun token edges higher by 2.4% to trade near its daily high

Pump.fun’s token rose 2.4% in 24 hours to $0.003727 as of 10:40 a.m. ET on Sunday, Nov. 8, near the top of its daily range.

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The quick take

  • Price: $0.003727, +2.4% in 24 hours, as of 10:40 a.m. ET (CoinGecko).
  • Trigger: A late-morning climb lifted the token to its 24-hour high of $0.003737.
  • Watch: Whether buyers can keep the gain after a weak week.

What happened

Pump.fun ($PUMP) bounced back on Sunday. The Pump.fun token edges higher by 2.4% over 24 hours to $0.003727 as of 15:40 UTC (10:40 a.m. ET), according to CoinGecko. That puts it within 0.3% of its 24-hour high of $0.003737, while the low was $0.003572.

Jupiter, which prices the token by its Solana address, showed $0.003737 at the same time, a gap of 0.25%. The token’s market value stood at $1.71 billion, with $116.6 million traded across markets in 24 hours.

Why it moved

The bounce follows a rough week. $PUMP is still down about 12% over seven days, per CoinGecko, so Sunday’s gain wins back only part of that slide.

The timing points to a late push. On Binance’s PUMP/USDT pair, the token moved between $0.003641 and $0.003723 through the night. It then rose to about $0.00373 after 9 a.m. ET. No Pump.fun announcement tied to the move has surfaced, so the cause is not confirmed.

The wider market stayed flat. Solana ($SOL) rose 0.3% to $89.62 on CoinGecko, and Bitcoin ($BTC) gained 0.4% to $76,030 on LiveCoinWatch. $PUMP beat both.

Who’s buying and selling

Buyers led on the token’s largest Solana pools. In the top DexScreener pool, an Orca $PUMP/$SOL market with $2.4 million in liquidity, buys beat sells 14,797 to 12,328 over 24 hours.

GeckoTerminal tracks a PumpSwap $PUMP/$USDC pool with $21.8 million in liquidity as the top market. It showed 3,423 buys against 3,082 sells in the same window.

The platform itself keeps earning. DefiLlama shows Pump.fun took in $783,035 in revenue over the past 24 hours and $7.22 million over seven days.

What to watch next

  • Whether $PUMP stays above its 24-hour low of $0.003572 if the late gain fades.
  • Whether buy orders keep outnumbering sells on the main pools.
  • Daily revenue on DefiLlama, a gauge of how busy the launchpad stays.

Bottom line: $PUMP won back 2.4% on Sunday, but it still trades about 12% lower than a week ago.

Price data: CoinGecko (cross-check: Jupiter).

Sources

Not financial advice.