$PUMP Gains 10%, Nears Crucial Resistance Level

Pump.fun's $PUMP token has continued its upward momentum, gaining 10% over the past 24 hours and approaching the crucial $0.002245 resistance level.

The Solana-based memecoin launchpad's revenue has also seen a significant increase, with $32.84 million generated in the last 30 days, surpassing the previous monthly total by approximately $6 million.

This improvement in revenue suggests that Pump.fun's usage is strengthening alongside the price rally of $PUMP, creating a bullish technical setup.

As buyers remain in control, with $PUMP forming higher highs and holding above its key moving averages, the token's price action reflects the improving sentiment.