Pump.fun (PUMP) Builds Momentum With Strong Buybacks — Are More Gains Ahead?

Date: Wed, Aug 06, 2025 | 06:50 AM GMT The cryptocurrency market is undergoing a healthy correction after a strong rally that began in Q2, with Ethereum (ETH) seeing a 5% weekly drop — a move that has also pushed major tokens lower. However, Pump.fun (PUMP) has managed to buck the trend, posting an impressive 33% weekly gain. This bounce is largely attributed to ongoing strong buybacks, which are boosting investor sentiment and signaling potential upside momentum.

Source: Coinmarketcap Pump.fun Sees Strong Buyback Activity According to the latest data from Dune Analytics, the Pump.fun team has ramped up its buyback program, purchasing $PUMP tokens using revenues generated from Pump.fun/Pump Swap. In the last seven days alone, they’ve bought back nearly $156 million worth of PUMP tokens — notably more than their revenue over the same period. This aggressive accumulation has provided a strong price cushion and fueled a steady rebound.

PUMP Token Buyback Data/Source: Dune (@adam_tehc) Are More Gains Ahead? From a technical perspective, the 4H chart shows PUMP breaking out of its recent accumulation zone (highlighted in red) after ending its downtrend channel. If the current momentum holds, PUMP could target its next resistance zone around $0.0040 — about 15% above the current price.

Pump.fun (PUMP) 4H Chart/Coinsprobe (Source: Tradingview) However, the support range between $0.0030–$0.0032 will be critical to maintain. A breakdown below this level could put the bullish setup at risk. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.