PUMP Token Price: Can It Bounce Back After Smart Whales Cash Out?
PUMP Token faces critical test as major holders take profits—what's next for retail traders?
Whale Movements Shake Confidence
Large wallets just triggered massive sell-offs, dumping tokens at near-ATH prices. The move follows PUMP's explosive rally, leaving smaller holders questioning the token's short-term viability.
Market Dynamics Exposed
Smart money exits while retail FOMO lingers—classic crypto theater. The token's recovery hinges on whether new buyers absorb the selling pressure or if this becomes another 'hold my bag' moment in DeFi history.
Technical Outlook
Support levels loom below current price action. A break could trigger cascading liquidations, while holding might set stage for consolidation—if the whales don't decide to unload another round.
Because nothing says 'decentralized finance' like a handful of anonymous wallets controlling the entire market's fate.
The PUMP token price has entered a volatile phase after sliding sharply from recent highs, raising questions about whether its September rally can extend. Despite aggressive token buybacks and ecosystem growth, profit-taking by whales and broader memecoin weakness have weighed heavily on PUMP crypto’s short-term outlook.
PUMP Token Price Today Extends Decline
The PUMP price today sits well below its recent peak of $0.0089, marking a decline of more than 20% this week and a 4.82% intraday decline to trade at $0.0068. This left Pump.fun’s market cap at $2.53 billion, from $3.31 billion high.
Short-term weakness comes despite PUMP still being up 135% over the past 30 days. On the Pump.fun price chart, the token now rests NEAR a key support zone around $0.0067, which traders are closely watching to determine whether the latest drop is a breather or the start of deeper corrections.
Whale Selloff Adds Pressure to Pump.fun Price Chart
Fresh on-chain data highlights why selling pressure has intensified. Lookonchain reported that smart whales have been dumping large holdings of PUMP to secure hefty profits.
For instance, address 6AkVuG sold 466.74 million PUMP for $3.27 million, netting a 149% profit. Similarly, wallet 58teLV sold 272.24 million PUMP for $1.95 million, securing a 133% gain.
Smart whales are dumping $PUMP they bought two months ago to lock in profits!
6AkVuG sold 466.74M $PUMP($3.27M) 6 hours ago, making a profit of $1.96M(+149%).
58teLV sold 272.24M $PUMP($1.95M) 11 hours ago, making a profit of $1.16M (+133%).https://t.co/uKCfxj91hB… pic.twitter.com/ott8awY7Ww
This wave of profit-taking has added to fragile sentiment, leaving the PUMP token price at risk of testing lower support levels, such as $0.0049.
The selloff aligns with broader memecoin weakness, where leading tokens like Dogecoin, Shiba Inu, and Pepe have also posted notable double-digit declines in the last 24 hours.
Buyback Program Remains a Key Support for PUMP Crypto
Despite the pullback, the fundamentals behind PUMP crypto remain constructive. Pump.fun continues to allocate nearly all of its platform revenue toward token buybacks, a major driver of earlier gains.
Since July, more than $97.4 million worth of PUMP has been repurchased, removing 7.051% of the circulating supply.
PUMP Price Prediction Hinges on Key Support Zone
From a technical perspective, the September rally began from a tilted double bottom formation, but momentum now faces a critical phase. If PUMP price holds the $0.0067 level, the PUMP price forecast points to another attempt at the $0.01 target. However, slipping below support WOULD open the door to a retest of deeper levels.
Much depends on whether buybacks continue to offset selling pressure and if renewed speculative appetite returns to the memecoin sector. With the Federal Reserve’s recent rate cut fueling a “meme coin hunting season,” risk-on behavior could still provide the tailwinds needed for the next leg higher.
