$PUMP Surges 10% as Pump.fun Activity Fuels Buying Pressure

The price of PUMP has seen a significant surge of 10% in the past 24 hours, driven by high activity on Pump.fun and increased demand for meme coins.

The platform's Holder Rewards program is also contributing to the buying pressure, with network revenue reaching $761K and active addresses rising to 86,000 in the last day alone.

$PUMP is now approaching its local swing high of $0.005, a key resistance level that could determine the token's next move.

Rising volume and strong Pump.fun activity are supporting the current recovery, but a failure to break above $0.005 may trigger profit-taking.