PUMP Token Price Rally 15%—Why Bulls Cautious on $11M PumpFun Buyback

The Pump Token Price Rally has captured the spotlight in the cryptocurrency market today. The token is up almost 15% in a single day after the Pumpfun team undertook aggressive buybacks.

Still, in light of this exciting Pumpfun crypto news today , traders are understandably cautious – they are questioning whether this is going to be a long term price movement or a gigantic pullback? Well, the answer lies in the reasons, fundamentals and analysis on this crypto solana meme coin.

Pumpfun Crypto News Today: $PUMP Token Price Rally 15%, But Why?

As of writing, the memecoin is trading at roughly $0.004020, representing an increase of approximately 15% and backed by a very strong 24-hour volume of almost $500 million.

The most recent run began once the team had completed a massive $11.645 million buyback on August 12, which was the second-largest single-day repurchasing in its history.

Source: Dune Pumpfun

The 38.67 trading volume surge indicates the bullish buying interest across the community. However, sustaining the momentum will require fresh catalysts and strong confidence.

Why Is $PUMP Coin Rising? Inside the Buyback Price Strategy

According to Lookonchain data , the official team has been on a relentless mission to support the market. In just the past four hours, they acquired another 175.3 million assets, worth $705,000.

This strategic accumulation has placed Pumpfun $PUMP buyback price today back near its ICO levels, with some analysts calling this the beginning of a new bullish phase.

These buybacks have brought the total repurchased supply to over 7.66 billion tokens, valued at more than $43 million.

Note: The average buyback price is still 40% above the current trading level—signaling that the market is absorbing selling pressure faster than the team can shrink supply.

As a crypto analyst reviewing the data, the approach is clear: reduce circulating supply, create psychological price floors, and fuel a memecoin rally.

Price Surge Meets Market Reality: Can Bulls Keep Control?

According to the TradingView price chart, technical signals remain favorable.

• The MACD indicates that the token is still in bullish territory.

• RSI around 60 indicates that there is buying strength without being in danger of overbought in the near future.

• Rising trading volume suggests that investors are engaged, but without fresh momentum, a pullback toward the $0.00385 support zone is possible.

For now, pumpfun price analysis after the 15% surge indicates buyers are in control. But with the average buyback level still far above the market rate, any sharp sell-off could put the bulls on the defensive.

The next big test will be breaking past the $0.00420 level and holding ground above it.

PumpFun Coin Price Prediction: A New Memecoin Rally in Making?

After analyzing the $ PUMP token price rally reasons , top cryptocurrency analysts are betting high on:

Short-term charts suggest that if the token clears $0.00450, then the next target range will be $0.00480–$0.00500 in the coming weeks.

Mid-term breakout could be backed by strong buybacks and market optimism could lift the token toward $0.00550–$0.00600.

Now looking ahead to 2025, pumpfun price prediction models point to $0.012–$0.015 if the altcoin season heats up.

That said, a continued memecoin breakout will rely on not just buybacks but also the overall momentum of the cryptocurrency market. So monitor Pump token price rally and always conduct your own research before investing in any cryptocurrency to avoid high risk in this volatile marketplace.