Pump.fun Gains 33% on $156M Buybacks Amid Crypto Selloff

Pump.fun (PUMP) has shown resilience in a broader cryptocurrency market correction, with the token gaining 33% over the past week amid ongoing buyback efforts. The broader crypto market has seen a pullback following a Q2 rally, with Ethereum (ETH) declining 5% and other major tokens following suit. However, PUMP has diverged from this trend, supported by a robust buyback program that has injected confidence among investors.

According to data from Dune Analytics, the Pump.fun team has executed buybacks totaling approximately $156 million in the last seven days. These buybacks are funded by revenue from Pump.fun/Pump Swap, and the volume has exceeded the platform’s earnings during the same period, indicating a deflationary strategy aimed at supporting token value [2]. This aggressive approach has provided a stable floor for the token price and helped fuel its rebound [1].

The technical outlook appears constructive as well. On the 4-hour chart, PUMP has broken out of a recent accumulation zone and is currently testing a key resistance level near $0.0040. Analysts highlight that if this level is successfully breached, the token could see further gains. However, the support range between $0.0030 and $0.0032 is critical; a breakdown below this zone could undermine the bullish momentum [3].

In addition to buybacks, whale activity has played a notable role in stabilizing the token. A 25 million token burn in June 2025 helped mitigate price volatility, and the token has risen 5.5% to $0.003154 [2]. This comes after a remarkable 30% single-day surge, which further sets PUMP apart from the wider crypto downturn [3].

Bullish sentiment is also reflected in price predictions from analysts. Bitget forecasts a 5% return on a $100 investment in Pump.fun by 2026, projecting a $5 profit (excluding fees) [4]. Another analysis suggests similar returns for the 2024PUMP token variant [5]. While these forecasts are speculative, they underscore the optimism surrounding the platform’s deflationary model and expanding user base.

Pump.fun’s buyback program, which currently returns 100% of transaction fees to the treasury, is drawing renewed attention from investors [3]. The platform’s fundraising success—raising $600 million in just 12 minutes via an ICO—demonstrates strong investor confidence and highlights a broader shift in how decentralized platforms are competing with traditional social media and gaming companies [1].

Despite the positive short-term momentum, market conditions remain volatile, and long-term success will depend on continued user growth, innovation, and disciplined financial management. As the platform continues to execute its buybacks and reduce supply, the focus remains on whether these efforts can translate into sustained value creation for holders.

Source:

[1] https://seekingalpha.com/pr/20188922-upexi-surpasses-2-million-sol-in-its-treasury

[2] https://cryptonews.com/news/price-analysis/

[3] https://www.facebook.com/groups/167511500036007/posts/24147****81659310/

[4] https://www.bitget.com/price/pump.fun/price-prediction

[5] https://www.bitget.com/price/2024pump/price-prediction