🚀 PUMP Surges 15% Despite LetsBonk Takeover – Is a Crypto Rally Brewing?

The memecoin battleground just got hotter. While LetsBonk steals the spotlight, PUMP defies expectations with a 15% rally—fueling speculation about an imminent catalyst.

What’s driving the bounce? Whale accumulation? A hidden partnership? Or just traders chasing the next dopamine hit before the SEC notices? (Spoiler: They always do.)

One thing’s clear: In crypto’s circus, even the underdogs get their day. Whether PUMP’s surge is sustainable or another pump-and-dump spectacle remains to be seen. But hey—when has rationality ever stopped a degenerate trade?

— crypto Rand (@crypto_rand) July 31, 2025

Prior to the launch of Launch Labs by Raydium and LetsBonk, Pump.fun was the leading platform in this particular segment of the Solana ecosystem with a 90% market share.

Despite today’s jump, PUMP has accumulated a 53.2% loss in the past 30 days after a successful initial coin offering (ICO) that raised around $500 million in just a few minutes.

Pump.fun’s social media accounts have been quiet today despite this unexpected price surge. The crypto community is wondering if this sudden spike could anticipate some major news.

In the absence of insider trading and other similar legislations applicable to cryptocurrencies, investors with privileged or early knowledge about a specific project can front-run the market without fearing legal consequences.

Hence, the crypto community tends to interpret unjustified price spikes like this as an early indication that breaking news is coming.

Rumors point to a potential major CEX listing. For example, Binance, Kraken, and Upbit have not yet listed PUMP in their spot markets. If they proceed to support PUMP, the price could skyrocket instantly as a flood of liquidity will FLOW to the token.

Hourly Chart Favors Big Move to $0.0040 If This Key Support Level Holds

Looking at the hourly chart, we can see that today’s surge has pushed the price above a key area of resistance at $0.0030, where selling pressure was quite strong days before.

Now the price action has returned to retest this level. If the price bounces off this area after this retrace, it WOULD indicate that buyers are ready to scoop up PUMP at a much higher price than a couple of days ago.

This would support a bullish outlook and could propel PUMP to much higher levels – possibly eyeing the $0.0040 zone first.

Meanwhile, if a major listing does come through, chances are that we could see PUMP exploding to levels not seen in days – especially if Binance incorporates the token to its platform.

The most relevant resistance to watch at this point is the 200-period exponential moving average (EMA) in this lower time frame.

A break above this mark will indicate that the trend’s direction has changed from bearish to bullish. Moreover, a MOVE above $0.0030 will also confirm a reversal and could anticipate a huge upward move from PUMP for the next few days.

As these platforms fight for the lead in the solana ecosystem, one token could leverage Dogecoin’s dominance of the crypto space and take full advantage of this bull cycle.

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