Pump Surges 23% as Revenue Growth and Buybacks Drive Uptrend
Pump has seen a significant surge in price over the past 24 hours, rising by 23% to trade at around $0.06041.
This breakout above the supply zone between $0.052 and $0.056 has strengthened bullish sentiment and increased expectations that the current uptrend could continue.
The network's revenue has maintained above $2 million for the past five days, reflecting growing activity, while buybacks and token burns have also been on the rise.
With around 15% of the altcoin's circulating supply being cleared from the market in just 24 hours, this dynamic has helped restore confidence among market participants.