Smart Money Flows Back Into PUMP as Whales Signal Renewed Confidence - Crypto Economy

Pump.fun’s native token, PUMP has experienced a resurgence, reclaiming the $0.004 mark amid significant smart money inflows. Data from Nansen indicates that smart money investors have increased their PUMP holdings by over 17%, signaling a renewed interest in the token

Despite a broader market downturn, PUMP has shown resilience, trading at $0.004, up 25% over the past month. This uptick follows a period of low retail interest, with Messari reporting a 47% decline in mindshare. The influx of smart money suggests a strategic accumulation phase, anticipating a potential rebound

Advertisement

![Crypto Economy Giveaway - Publicidad](data:image/svg+xml,%3Csvg%20xmlns=')

The Pump.fun team has also been active, repurchasing over 9% of the token supply, though repurchases have slowed since September. Additionally, the platform continues to lead meme token launches on Solana, maintaining its position ahead of competitors like Four.meme Looking ahead, investors will be monitoring PUMP’s performance against key resistance levels and the ongoing buyback strategy to gauge the token’s potential for a sustained rally.

Source:*


Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

Advertisement

![Crypto Economy Giveaway - Publicidad](data:image/svg+xml,%3Csvg%20xmlns=')

PUMP-1.4%
此页面可能包含第三方内容,仅供参考(非陈述/保证),不应被视为 Gate 认可其观点表述,也不得被视为财务或专业建议。详见声明
  • 赞赏
  • 评论
  • 转发
  • 分享
评论
0/400
暂无评论
交易,随时随地
qrCode
扫码下载 Gate App
社群列表
简体中文
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)