Pump.fun's PUMP Token Surges 20% to 11-Week High Amid Bear Market

Pump.fun's native token, PUMP, has reached an 11-week high of $0.00215 after surging by almost 20% in a single day.

This outperforms other leading cryptocurrencies like Bitcoin (BTC), Ripple (XRP), and Solana (SOL) over the past 24 hours.

Crypto enthusiasts attribute this growth to recent ecosystem advancements, while others believe the rally may be short-lived.

Pump.fun's revenue figures have drawn attention, surpassing $7.5 million in a week, exceeding those of Hyperliquid.