Pump.fun token gains 9.9% in a morning climb that holds into Tuesday
Pump.fun ($PUMP) traded at $0.004271 at 2:42 p.m. ET (19:42 UTC) on Nov. 3, up 9.9% in 24 hours after a climb early Tuesday.
The quick take
- Price: $PUMP at $0.004271, up 9.9% in 24 hours, as of 2:42 p.m. ET (CoinGecko).
- Trigger: most of the gain came between 1 a.m. and 8 a.m. ET on Tuesday; the cause is not confirmed.
- Watch: whether the token stays near its 24-hour high of $0.004324 or slips toward the $0.003895 low.
What happened
Pump.fun ($PUMP) rose 9.9% in 24 hours to $0.004271 at 2:42 p.m. ET (19:42 UTC) on Tuesday, according to CoinGecko. The Pump.fun token gains came early in the day and have held since.
CoinGecko puts the 24-hour range at $0.003895 to $0.004324. Jupiter’s on-chain price agreed closely, at $0.004261 and up 9.6%. That leaves the token near the top of its daily range.
Why it moved
Most of the move came in one stretch. On Binance’s PUMP/USDT pair, the hourly close rose from $0.003906 at 1 a.m. ET (06:00 UTC) to $0.004279 at 8 a.m. ET (13:00 UTC).
Since then, hourly closes have stayed between $0.004204 and $0.004274. The cause of the climb is not confirmed.
The wider market was firmer too, but by less. Solana ($SOL) gained 2.4% in 24 hours on CoinGecko, and Bitcoin ($BTC) rose 1.1%, according to LiveCoinWatch.
Who’s buying and selling
Buyers were slightly ahead on-chain. In the largest $PUMP pool tracked by DexScreener, a $PUMP/$SOL pool with $2.3 million in liquidity, traders made 12,067 buys and 10,882 sells in 24 hours.
CoinGecko shows $134.4 million in total 24-hour trading volume and a market value of about $1.96 billion. Pump.fun’s own exchange, PumpSwap, handled $261 million in its latest 24-hour reading, the most of any Solana exchange tracked by DefiLlama.
What to watch next
The weekly picture is close to flat. CoinGecko shows $PUMP up 0.3% over seven days, while CoinPaprika shows a 0.3% dip.
That means Tuesday’s gain has so far made up for losses earlier in the week. A project update or a clear catalyst would help explain the morning move.
Bottom line: The Pump.fun token added 9.9% in a day on an early Tuesday climb, with buyers a little ahead in its largest pool and no confirmed cause.
Price data: CoinGecko (cross-checked with Jupiter).
Sources
- CoinGecko: Pump.fun price, 24-hour range, volume and market value (19:41 UTC)
- Jupiter: on-chain $PUMP price (19:42 UTC)
- Binance: PUMP/USDT hourly closes (19:42 UTC)
- DexScreener: largest $PUMP pool, liquidity and 24-hour trades (19:42 UTC)
- DefiLlama: Solana exchange volumes (19:42 UTC)
- CoinPaprika: Pump.fun seven-day change (19:43 UTC)
- LiveCoinWatch: Bitcoin price (19:42 UTC)
Not financial advice.
