Pump.fun Token Surges 50 Percent as Buybacks Burn One Sixth of Supply
Pump.fun (PUMP)
Editor:
Eugene Serbin
Cryptocurrency.com.tr reports that Pump.fun (PUMP) traded at 0.00526 euros on Thursday, October 1, at 01:04, following a rise from 0.00352 euros seven days earlier. This movement represents a 49.6 percent gain in one week, pushing the token to a market capitalization of approximately 2.45 billion euros and a 40th rank on CoinGecko. The price increase is attributed to three documented developments, including buybacks funded by platform revenue that have destroyed a sixth of the maximum supply over more than a year.
Revenue from these buybacks picked up noticeably starting September 26, adding momentum to the token's value. Additionally, the US Securities and Exchange Commission outlined its views on buyback programs on September 25, a statement being interpreted broadly in many reports. The weekly low was recorded at 0.00333 euros on Wednesday, September 24, at around 14:00, after which the price climbed with almost no setback.
By the early hours of Thursday, the price had reached its weekly high, coinciding with the final data point. Over the preceding 24 hours, PUMP barely moved, registering a modest gain of just 0.3 percent.
How the market reacted
Whalio's own Binance spot order flow for PUMP, measured when this story was written up on 1 October 2026. Not the outlet's figures.
Whalio data shows PUMP trading at $0.005925 with a 24-hour buy ratio of 47.4 percent, indicating that buyers and sellers are nearly evenly matched. The 1-hour buy ratio is 45.0 percent and the 4-hour ratio is 47.6 percent, suggesting that short-term buying pressure is slightly weaker than the broader daily trend. Volume delta readings are negative across all timeframes, with -$122,991 in the last hour and -$2,372,977 over 24 hours, meaning more volume was executed at the ask price than the bid. The cumulative volume delta for the 24-hour close is -$649,085, confirming that selling pressure has outweighed buying pressure over the day. Spot volume reached $55,089,452 with 460,935 trades, showing active participation despite the net outflow.
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 50.3 percent, compared to a 47.4 percent ratio over the last 24 hours, a difference of 2.9 percentage points. Volume over the last day was 1.15 times the weekly average, indicating significantly higher activity than usual. The token saw a 48.0 percent price change over eight days, with a total volume delta of -$68,726 for the period. Net buying occurred on only four of the seven days, suggesting that the recent price surge was not supported by consistent daily accumulation. This day is unusual due to the elevated volume relative to the average, even as the buy ratio dipped below the weekly norm.