{"id":404719,"date":"2025-09-11T14:41:23","date_gmt":"2025-09-11T09:11:23","guid":{"rendered":"https:\/\/dripp.zone\/news\/pump-soars-to-highest-price-since-opening-week-crypto-news\/"},"modified":"2025-09-11T14:53:55","modified_gmt":"2025-09-11T09:23:55","slug":"pump-soars-to-highest-price-since-opening-week-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pump-soars-to-highest-price-since-opening-week-crypto-news\/","title":{"rendered":"PUMP Soars to Highest Price Since Opening Week – Crypto News"},"content":{"rendered":"

<\/p>\n

The Solana-based memecoin launchpad\u2019s token is up another 20% today, and 43% on the week to a $5.6 billion valuation.<\/p>\n

\n

After a rocky start<\/a>, pumpfun\u2019s PUMP token is leading the altcoin market and is one of crypto\u2019s top trending tokens, fueled by the protocol\u2019s token buybacks.<\/p>\n

PUMP dropped as low as a $2.4 billion fully diluted valuation (FDV) last month following its initial coin offering (ICO) valued at $4 billion<\/a>, but has rallied 133% off the lows and is currently changing hands for $0.0056<\/a>, or a $5.6 billion valuation, 40% above its ICO price.<\/p>\n

PUMP Chart – CoinGecko<\/figcaption><\/figure>\n

The token\u2019s strength is driven by pumpfun\u2019s buyback mechanism, with the protocol using 100% of its daily revenue to repurchase PUMP on the open market. As a result, the platform has been buying nearly 1% of the circulating supply every week, and has offset 6.1%<\/a> of the total supply so far.<\/p>\n

Despite the cool-off in memecoin activity, pumpfun remains one of the top revenue generators in decentralized finance (DeFi), with the fourth-highest earnings<\/a> over the last month, trailing just Tether, Circle, and Hyperliquid.<\/p>\n

\"PUMP
PUMP Buybacks – Fees.Pump.Fun<\/figcaption><\/figure>\n

The ecosystem\u2019s total value locked (TVL) has been consistently trending up since the launch of PumpSwap, the launchpad\u2019s native automated market maker (AMM). The exchange\u2019s TVL now sits at $298 million, making it the 14th-largest<\/a> by TVL. <\/p>\n

PumpSwap is the second-largest spot DEX by weekly revenue, trailing Hyperliquid\u2019s spot markets with $3.36 million earned over the last seven days.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Solana-based memecoin launchpad\u2019s token is up another 20% today, and 43% on the week to a $5.6 billion valuation. After a rocky start, pumpfun\u2019s PUMP token is leading the altcoin market and is one of crypto\u2019s top trending tokens, fueled by the protocol\u2019s token buybacks. PUMP dropped as low as a $2.4 billion fully […]<\/p>\n","protected":false},"author":2,"featured_media":404720,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-404719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/404719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=404719"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/404719\/revisions"}],"predecessor-version":[{"id":404721,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/404719\/revisions\/404721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/404720"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=404719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=404719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=404719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}