Pump.enjoyable is synonymous with meme coin buying and selling on Solana. Due to this fact, when Pump crypto was first unleashed, many anticipated PUMP USD to fly proper off the bat. Whereas it did, PUMP/USDT didn’t maintain the momentum, solely to tug again to what can solely be mentioned to be worrying ranges.
Quick-forward just a few weeks after PUMP crypto hit the market, and confidence is excessive throughout the board that the token priming the favored meme coin launch pad is able to breach all-time highs. The newest information from Coingecko reveals that the PUMP token is trending and has been among the many high gainers within the final 24 hours.
(Supply: Coingecko)
Due to the turnaround of the previous few buying and selling days from late August, PUMP is up 60% within the final month of buying and selling, pushing the biweekly acquire to 80%. In the meantime, due to the speedy extension of the PUMP worth on September 10, PUMP crypto is up a good 40% up to now 24 hours.
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Is PUMP USD Prepared To Rip Increased? Is $0.01 Incoming
From the each day chart, PUMP crypto consumers are firmly in management. Within the brief to medium time period, the trail of least resistance is northwards.
Technically, PUMP crypto broke above the consolidation from mid-August to early September when PUMP USD surged on September 4.
The shut above $0.004 was pivotal, and set the ball rolling for PUMP/USDT, whose bulls at the moment are focusing on July 2025 highs of round $0.007.
If PUMP bulls are to shut above this resistance stage, the leg-up should be finished with rising quantity.
And this seems to be what merchants are making ready for. On Coinglass, the skew amongst high merchants and accounts, particularly on Binance, the world’s largest crypto change, is bullish.
(Supply: Coinglass)
Prime merchants on Binance are overwhelmingly bullish, and the lengthy/brief ratio is 2.16. In the meantime, amongst normal PUMP accounts on the futures platform, the lengthy/brief ratio is 1.65, which means most merchants are bullish and anticipate the PUMP/USDT uptrend to proceed.
On X, one dealer thinks that, although there are dangers of downsides after the push increased on September 10, the chance of a deep correction is low. On the flip aspect, nevertheless, there’s a excessive likelihood of PUMP USD racing to July highs and retesting $0.007.
(Supply: TetherTendies, X)
As soon as $0.007 is conquered, one other analyst mentioned PUMP/USDT will simply soar to $0.01, a psychological stage.
A wave of recent demand has pushed $PUMP up almost 20% within the final 24 hours. The token's rally is backed by a buyback program that's eliminated over $12M from circulation, tightening provide. The important thing stage to observe is $0.0068. A breakout right here may result in a run to $0.01.#Crypto… pic.twitter.com/ZwnQqgbWM0
— CryptoniteUae (@CryptoniteUae) September 11, 2025
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What Will Drive PUMP Crypto To $0.01?
If PUMP crypto breaks above $0.007 within the coming days, the trail to $0.01 will place the meme coin among the many most beneficial not solely in Solana however in crypto.
Additionally it is extremely seemingly that PUMP USD will break into the highest 10, displacing the likes of TRON crypto and Cardano (ADA).
If Bitcoin crypto recovers, a number of the finest altcoins, together with Solana, will edge increased. Rising SOL USD costs will set off hypothesis, and like within the final meme coin growth of 2024, speculators will movement, minting and buying and selling all kinds of meme cash.
Going by latest developments, most of those meme cash might be minted on Pump.enjoyable. In latest weeks, opponents, primarily LetsBonk, have been dropping share to the primary meme coin launchpad on Solana. The extra tokens are minted, the upper the income; thus, the extra PUMP the staff will purchase again from the market.
(Supply: Dune Analytics)
Because the begin of the PUMP buyback program in July, over $85M price of PUMP has been scooped from the secondary market. Pump.enjoyable spends 98-100% of the platform income to actively purchase again PUMP from the open market, stabilizing the token and creating upside strain.
(Supply: Pump.enjoyable charges)
Any meme coin hype, as seen in 2024 in This fall 2025, will solely funnel extra capital to Pump.enjoyable, and the staff will proceed shopping for extra PUMP. Within the anticipated supercycle, it gained’t be shocking for PUMP USD to soar to as excessive as $0.01.
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Is PUMP Crypto Prepared To Rip? PUMP USD Eyes $0.01
PUMP crypto breaks above key resistance
Merchants focusing on July 2025 highs
Will PUMP USD rally to $0.01
Pump.enjoyable buyback program driving demand
The submit Is PUMP Crypto Prepared To Rip? PUMP USD Eyes $0.01 As Meme Coin Bulls Bid Up appeared first on 99Bitcoins.
