PUMP Price Prediction: PumpFun uses 100% of daily revenue to buy back tokens, strong buying pressure rises.

The PumpFun (PUMP) Token has exited the key demand zone and achieved a significant recovery, supported by a new buyback policy that utilizes 100% of daily revenue. Today (30) in the European morning session, the PUMP price is reported at $0.0216, with strong buying pressure rebounding.

PUMP Breaks Downward Channel

PUMP has broken away from the important demand zone around 0.0025 USD and is currently trading above 0.0026 USD. Data from CryptoBull_360 shows that the Token has broken out of the downward channel since mid-July, which is a positive signal for the short-term trend.

Prior to this, a bearish price structure had formed with lower highs and lower lows for over 10 days. However, the level of $0.0025—coinciding with a high-volume node—became a key support level, with strong buying pressure quickly pushing back up.

At the same time as the breakout, the trading volume also increased, and the price approached $0.0027, breaking through the largest point of control (PoC) during the recent decline in trading volume. The next area worth watching is around $0.0054, corresponding to the previous trading range.

(Source: Trading View)

100% of the income is used for acquisition

An important insight from on-chain data is that over the past two days, PumpFun has increased its Token buyback rate to 100% of daily revenue, a significant rise from the previous 25%. Although the team has not officially announced it, on-chain data indicates that the activity in the platform's treasury has significantly increased.

According to DefiLlama, PumpFun's revenue fell below $300,000 on Monday — a rare low that has only occurred twice in the past year (both in September 2024).

(Source: DefiLlama)

PumpFun's accumulated revenue has exceeded $735 million to date, and the buyback policy may be aimed at stabilizing its price after a significant drop in Token prices earlier this month.

The recent buyback comes during a period of market volatility. On July 23, the project's co-founder confirmed that the long-awaited airdrop would be postponed, causing the Token value to drop by 20% within 24 hours.

PumpFun launched in 2024 and quickly became one of the most dazzling projects in the meme coin space. At the beginning of this month, the project conducted a $500 million ICO, which sold out in just 12 minutes. However, some users encountered issues during trading, forcing the CEX exchange to airdrop to the affected accounts.

Although PumpFun has significantly revived, its sustainability is still in question amid fierce competition from other meme coin projects. The substantial increase in buyback rates may support the price in the short term, but the long-term strategy of the project remains unclear.

PumpFun is working hard to stabilize prices and restore investor confidence after a period of turbulence. If the trend of 100% profit buybacks continues, combined with airdrop updates, PUMP could move towards a higher price range in the near future.