According to external sources, PUMP has increased cumulatively by nearly 20 per cent this week, and prices have risen to about US$ 0.0028, approaching the US$ 0.003 level. According to the article, this round of rebounds is not only from short-term trading sentiment, and the cost buy-back and destruction mechanism of the Pump.fun platform is becoming an important basis for the market to reassess the token.
Repurchase of fees is the focus.
The article mentions that Pump.fun used 50 per cent of the Platform ' s fee income for automatic buy-back and destruction of PUMP, directly linking the platform ' s activity to changes in the supply of tokens. According to the text, the income from the Platform ' s one-week handling fee was approximately US$ 1.03 million, of which approximately US$ 5.02 million corresponded to PUMP repurchase for destruction.
This means that PUMP price narratives are no longer entirely dependent on speculative funds. If the Platform ' s trading activities are maintained at a high level and the revenue from the processing fees increases, it is likely to lead to more currency buy-backs and the continued compression of the flow of supplies.
Price exceeded pre-debris zone.
In terms of movement, PUMP has broken through between 0.00245 and 0.00255 and has been on a downward line of pre-repression. According to the article, this change has improved the short-term structure and has led the market to turn its attention to the higher integer level.
The current top priority is US$ 0.003. If the solar-line level continues to hold at this level, the market view may further shift to the US$ 0.0035 area. If the price is set back and hold on to the previously breached zone, it will also strengthen the structures that are supported by resistance.
Increased disagreement around $ 0.003
However, the article also states that if prices fall again below the range of US$ 0.00245 to 0.00255, the sustainability of the breakthrough will be questioned and the vicinity of US$ 0.00235 may be re-established as a short-line support area.
At the same time, the PUMP has significantly increased its kinetic energy in the near future, but the dayline RSI is close to the super-purchase area. This usually means that the buyer remains dominant, but the probability of short-line shock or partial profit ending is also increasing.
Overall, the media believe that the PUMP round has benefited on the one hand from improved price structures and on the other hand from the Pump.fun buy-back destruction mechanism. Next, the effective breakthrough of $0.003 remains a key observation point to determine whether this round rebound continues to expand.