Pump.fun (PUMP) gained over 24% in the past week, trading around $0.0034. Over the past day, the token jumped by almost 10%, and the daily trading volume reached approximately $531 million. This performance puts PUMP among the top performers, even as the broader market remains mostly flat.
The rebound comes just weeks after the token’s steep drop following its initial launch. PUMP had lost about two-thirds of its value after its initial coin offering but is now showing renewed activity.
Whale Activity Drives Momentum
Larger token holders appear to be making significant entries. Blockchain tracker Lookonchain reported that a single wallet purchased roughly 1.06 billion PUMP tokens this week, worth about $3.3 million. The wallet also created a 3x long position with almost 600 million tokens valued at approximately $1.8 million.
Crypto community member Yaki posted that “In the last 7 days, they bought back 10K SOL worth of $PUMP which is actually more than they made in revenue over that stretch. 102% reinvestment.” This suggests the team is putting all revenue, and more, into supporting the token.
. $PUMP is flipping the key level right now, and there’s plenty of fuel behind the move:
– Sentiment around $PUMP and Pump Eco turning bullish again
– Big memes like $TROLL stealing the spotlight and breaking the $100M ceiling
– Pump winning a few PVP coins again
– Liquidity… https://t.co/W8DAW5U7bw pic.twitter.com/ArUdbDlzJ6— BrazilZZ🇧🇷 (@xbrazilzz) August 5, 2025
Community Initiative Announcement Expected
The price surge followed a post from Pump.fun co-founder Alon Cohen about a new initiative for community-focused tokens. Cohen said, “Huge announcement coming for organic community coins in the pump fun ecosystem this week.”
While no further details have been shared, traders expect new incentives that could link rewards to trading volume or leaderboard activity. The announcement is expected this week.
Pump.fun launched its ICO on July 12, 2025, selling 150 billion PUMP tokens—15% of its 1 trillion supply. The $500 million sale ended in just 12 minutes. Some users faced failed purchases, leading Kraken to provide an airdrop to affected accounts.
The token fell sharply after launch but is now showing signs of recovery. Analyst Ran Neuner wrote, “$PUMP is going back above $0.006. Simple,” pointing to renewed interest from both traders and whales.
Impact on Market Sentiment
The combination of significant whale accumulation and upcoming ecosystem developments could drive continued positive momentum for PUMP in the near term. Strong buyback activity and community-focused initiatives may attract additional retail interest as traders anticipate further announcements.
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