Key Takeaways
- Pump.fun’s token hit a new ATH of $0.0088 on Sept. 14 after a 71% weekly rally.
- Since July, the platform has spent $95.27 million on token buybacks, cutting supply.
- PUMP continues to post higher highs, with indicators pointing to a run toward $0.013.
On Sunday, Sept. 14, PUMP, the crypto native to the Pump.fun launchpad, spiked to a new all-time high of $0.0088 after rallying 71% over the past seven days.
Since then, the PUMP crypto market value has cooled off slightly. Yet, the signals suggest the rally may be far from over.
Here is what caused the impressive price action and what lies ahead for PUMP’s price.
Pump.fun Revenue Fuels Buybacks
Shortly after its July launch, the PUMP crypto price crashed hard. But since then, the token has staged a remarkable rebound—up 257% from its bottom.
According to CCN’s findings, Pump.fun’s decision to implement a buyback strategy on July 17 was a key driver of this recovery.
The team used platform revenue through this program to repurchase PUMP tokens from the open market.
Buybacks reduce circulating supply while signaling confidence from the project itself. In PUMP’s case, the steady removal of tokens helped stabilize market sentiment, limit downside risk, and set the stage for fresh demand to drive prices higher.
As of this writing, data shows that Pump.fun has spent $95.27 million on PUMP buybacks. This effort helped lay the foundation for its recovery.
But buybacks aren’t the only factor driving the turnaround.
A few months ago, Pump.fun experimented with a livestreaming feature that nearly derailed the launchpad.
CCM Narrative Takes Over
Recently, the platform reactivated livestreaming and rolled out a new creator revenue-sharing program. This initiative allocates 50% of PumpSwap revenue directly to coin creators, giving builders a real incentive to stick with the ecosystem.
The impact has been immediate. Demand for the PUMP crypto has surged, powered by a new narrative known as the Creators Capital Market (CCM) —a framing that positions Pump.fun as the hub for creator-driven memecoins.
The results speak for themselves: Pump.fun has captured 97% of the total launchpad market share in the past seven days alone.
“Creator Capital Markets is not a “meta”, it’s a new paradigm for the entire internet economy. Get used to it,” It stated on X.
Further, the CCM narrative does not seem to leave the market anytime soon. If that is the case, the PUMP crypto price might trade higher.
PUMP Price Analysis: Bullish
From a technical angle, PUMP’s daily chart continues to flash strength. The token has been printing higher highs for several days, so buyers remain firmly in control.
Furthermore, the Bull Bear Power (BBP) is positive, which means buying pressure outweighs selling pressure. Consequently, this signals that bulls are setting the tone and could continue driving momentum.
In addition, the MACD has formed a bullish crossover right after the PUMP crypto broke above a key resistance line.
Historically, such crossovers mark a turning point where momentum tilts strongly toward the bulls. Therefore, if this trend continues, PUMP’s price could reach a new all-time high of $0.013.
On the other hand, rejection at the top of the wick could force a correction, potentially pulling the token back to $0.0064.
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
