Pump.fun buybacks drive PUMP price rally
Pump.fun (PUMP)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Pump.fun’s PUMP token climbed 17% to $0.00519 in the past 24 hours, pushing its weekly gain to 38% while the wider crypto market slipped 1.37% to $2.87 trillion. The rally is tied to Pump.fun’s buyback program, which sends about half its revenue toward purchasing PUMP tokens and burning them permanently. The platform spent $1.14 million on September 27, following a $1.46 million purchase the day before, bringing total buybacks to more than $466 million. This activity has removed close to 17% of the total token supply from circulation.
How the market reacted
Whalio's own Binance spot order flow for PUMP, measured when this story was written up on 29 September 2026. Not the outlet's figures.
Whalio data shows PUMP trading at $0.004928 with a 24-hour buy ratio of 50.3%, indicating a slight edge for buyers over sellers. The 1-hour buy ratio stands at 55.6% and the 4-hour ratio at 52.2%, suggesting that short-term buying pressure is building compared to the broader 24-hour trend. Volume deltas reflect this momentum, with +$140,752 in the last hour and +$310,606 over four hours, contributing to a 24-hour cumulative volume delta of +$4,681,833. This positive delta means that buy volume has consistently exceeded sell volume over the day, supporting the price action.
The latest daily buy ratio of 50.6% sits at the 63rd percentile of the last 322 days, against a median of 49.3% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for PUMP, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.9%, making the current 24-hour ratio of 50.3% a marginal increase of just 0.3 points. However, spot volume has surged to 3.03 times the weekly average, indicating significantly higher activity than usual. The coin saw net buying on 3 of the past 7 days, with a total volume delta of +$1,181,662 over that period. This volume spike contrasts with the modest shift in buy ratio, highlighting that the recent price movement is driven by increased participation rather than a dramatic change in buyer sentiment.