Pump.fun's PUMP Token Sees 10% Surge Amid Strong Revenue Growth
Pump.fun's token, PUMP, has extended its recent momentum into the new month, surging 10% over 24 hours and approaching the $0.002245 resistance level.
Buyers remain in control as PUMP forms higher highs and holds above its key moving averages, with stronger protocol activity supporting the move.
The platform generated $32.84 million in revenue over 30 days, approximately $6 million above the previous monthly total, while daily protocol fees increased by 22.6% month-over-month, indicating higher activity across the platform.
A decisive daily close above the $0.002245 resistance level could strengthen the case for another bullish move, but a sustained breakout would require enough fresh demand to absorb selling pressure around this level.