Pump.fun Price Surges Above $0.002 Amid Ongoing Buying Pressure

Pump.fun's price surged above $0.002 this week as buying pressure continued to outweigh concerns over a major token unlock.

The token gained more than 14% in the past 24 hours, with daily trading volume rising to roughly $135 million, showing that market participation remained elevated during the rally.

The recovery was particularly notable because it followed a major vesting event, where around 32.5 billion PUMP tokens allocated to investors and another 50 billion tokens allocated to the team became eligible for unlocking as part of the project's vesting schedule.

However, the market continued to absorb the additional supply, with the remaining unlocked allocations scheduled to enter circulation gradually over the next 36 months instead of all at once.