Pump.fun Surges 11.1% Toward $0.003 Resistance Amid Derivatives Trading Boom

Pump.fun (PUMP) rose 11.1% to $0.002729 as derivatives trading and exchange outflows pushed the token toward $0.003 resistance.

The token's spot volume jumped 133.22% to $158.7 million, while derivatives volume climbed 163.85% to $429.88 million, indicating increased activity around the move.

Open interest rose 20.67% to $229.24 million, showing that outstanding leveraged positions expanded alongside the price, adding momentum but also raising liquidation risk if the breakout weakens.