PUMP +52.56% in 24 Hours Amid Sharp Short-Term Volatility

On SEP 23 2025, PUMP surged by 52.56% within 24 hours to reach $0.005767. The token experienced a 2665.22% drop over the previous 7 days, followed by a 2745.45% increase both in the last month and over the past year. These figures indicate a highly volatile price movement, with short-term gains contrasting sharply against a broader bearish trend.

The token’s dramatic 24-hour increase comes after a prolonged period of significant price depreciation. Despite the recent jump, the broader context remains one of instability, as the token has lost 99.5% of its value over the past week. Analysts project that such volatility is not uncommon for assets with high circulating supply and low market capitalization, where trading activity can be easily influenced by large-volume participants.

Technical indicators suggest a lack of strong trend formation, with moving averages failing to provide consistent directional signals. The RSI is currently near overbought territory, though this is unlikely to act as a strong resistance given the asset’s history of sharp corrections. The MACD line is crossing from negative to positive, indicating the potential for short-term momentum, but the histogram remains flat, signaling mixed conviction.