Cryptocurrencies maintained mild bullishness on Friday as Trump pardoned Changpeng Zhao, and JPMorgan introduced BTC and ETH collateral fueling momentum.

The global crypto market capitalization saw a modest 0.8% hours to $3.73 trillion.

As altcoins displayed mixed performance, Pump.fun’s native coin stole the show with an impressive jump.

PUMP increased from $0.003757 low on its daily chart to a $0.004179 intraday peak – an 11.23% uptick.

The digital coin’s bullish momentum coincides with an optimistic announcement from the Launchpad.

The Solana-based token generator has confirmed buying PadreApp, a flourishing multi-chain trading terminal that supports Ethereum, Solana, Base, and BNB Chain.

Pump.fun’s team expressed excitement about the acquisition, stating:

The Padre team is exceptional builders who have been building in crypto for multiple cycles and have always put users first. With our resources and unique position as the most dominant and innovative Launchpad, Padre will be able to unlock more edge for traders than any competitor.

we’re excited to announce that pump fun has acquired @PadreApp

Padre is an industry leading trading terminal which provides a seamless, high-speed trading experience with next level analytics for professional traders on Solana, BNB Chain, Base, and Ethereum L1

read more pic.twitter.com/Oq3EPuGjTk

— pump.fun (@pumpdotfun) October 24, 2025

Notably, the Padre App has gained traction for its high-speed trading performance, innovative analytics, and seamless user experience.

Such perks make the application a reliable tool for active traders, catering to experienced and new players.

Thus, the purchase positions Pump.fun to capture more engagement and trading volume, essential factors in the competitive blockchain industry.

Understanding PadreApp

PadreApp is a new entrant in the institutional-grade trading sector.

It has attracted a loyal community due to its innovativeness.

Pump.fun highlights the application’s competitive fees, cashback system, high-end user experience, support for traders, and advanced core technology.

why Padre?

despite Padre being one of the newest entrants in the pro-trading scene, they’re already one of the most popular tools because of

– the best user experience
– most rewarding cashback & competitive fees
– best dedicated support for traders
– strongest core technology

— pump.fun (@pumpdotfun) October 24, 2025

According to the Pump.fun team:

Padre is an industry-leading trading terminal which provides a seamless, high-speed trading experience with next-level analytics for professional traders.

What’s next for PadreApp

Pump.fun declared that Padre will continue running as normal, enabling individuals to buy and sell assets on all leading DEXs and launchpads on Ethereum L1, Base, BNB Chain, and Solana.

Moreover, the application will maintain its ultra-fast shipping.

Meanwhile, users will experience various changes, including enhanced user experience for all coins launched on Pump.fun, magnified trading incentives, and improved speed and data.

Most importantly, the PADRE token will discontinue as it lacks utility on the platform.

The changes aim to advance Padre, making it a powerful tool for retail and professional traders within Pump.fun’s expanding ecosystem.

PUMP soars 11%

Pump.fun’s native token exhibited a bullish bias amidst the acquisition updates.

It is trading at $0.004016 after correcting from intraday highs.

While buyers dominate the short-term outlook, the 13% decline in 24-hour trading volume suggests weakness.

Thus, PUMP might erase the gains, especially as selling pressure overwhelms the broader market.

Technical indicators also suggest short-lived gains for PUMP.

The 1H Moving Average Convergence Divergence demonstrates buyer exhaustion as red histograms surface.

Moreover, the RSI suggests weak momentum.

Nevertheless, extended overall market recoveries will fuel continued PUMP rallies.

The post PUMP rallies 11% as Pump.fun acquires PadreApp to advance multi-chain trading appeared first on CoinJournal.

PUMP rallies 11% as Pump.fun acquires PadreApp to advance multi-chain trading

Source: https://coinjournal.net/news/pump-rallies-11-as-pump-fun-acquires-padreapp-to-advance-multi-chain-trading/

Pump.fun, dogwifhat and Pepe plummeted as memecoins crashed amid fresh turbulence for cryptocurrencies.

Memecoins have come under sharp pressure as Bitcoin’s momentum cools following its surge to fresh highs above $117,000 last week.

The benchmark cryptocurrency has since slipped back toward $112,000, a retreat that has dampened broader market sentiment and triggered profit-taking across altcoins.

Memecoins are some of the big underperformers in the past 24 hours.

PUMP, WIF, and PEPE prices dump 10% or more

While Dogecoin, Shiba Inu and Bonk are among the top losers, the downturn has been particularly acute for PUMP and WIF.

Pump.fun (PUMP) reached an all-time high of $0.01214 in July.

However, with profit taking and overall downturn, the token has fallen to lows of $0.0060 following the bearish flip around $0.0089 on Sept. 14.

With a price decline of over 16% in the past 24 hours, Pump.fun mirrors the losses of Pi Network and Conflux among the 100 largest coins by market cap.

The PUMP price is down 25% in the past week, while panic selling has increased trading volume up 24% to over $598 million.

Dogwifhat (WIF), the Solana-based meme, has fared no better.

WIF has tumbled to $0.8010, down 11% in the past 24 hours.

Meanwhile, its trading volume has spiked 102% to over $256 million amid the broader altcoin weakness.

Whale sell-offs have aided bears, with the price 83% off its all-time high of $4.85.

Pepe (PEPE), the Ethereum frog-themed memecoin, also continues its slide into bearish territory.

The memecoin is consolidating near $0.0000097 after plummeting 10% over the past day.

Large sellers have pushed daily volume up by 133% to $889 million.

What’s next for memecoins?

Is the crypto market crashing a sign of more pain ahead of Uptober? Analysts say this is likely.

Bitcoin down. Altcoins down more.

Nature is healing.

— The Wolf Of All Streets (@scottmelker) September 22, 2025

In the short term, the memecoin rout is symptomatic of a larger crypto market contraction, where total capitalisation has dipped below $4 trillion amid Bitcoin and Ethereum’s price crash.

A confluence of several factors is at play as stocks also shed gains on Monday.

Headwinds impacting the risk asset markets include macroeconomic factors such as Fed policy, trade and inflation dynamics.

The upcoming data release on Friday will be key, as will be the anticipated ETF approvals in the coming weeks.

A market where BTC again rallies will open up a path for memecoins amid crypto’s cyclical outlook.

The post Pump.fun, dogwifhat and Pepe plummet as top memecoins crash appeared first on CoinJournal.

Pump.fun, dogwifhat and Pepe plummet as top memecoins crash

Source: https://coinjournal.net/news/pump-fun-dogwifhat-and-pepe-plummet-as-top-memecoins-crash/

Pump.fun’s native token, PUMP, has been in the spotlight over the past month, delivering triple-digit gains while drawing fresh attention from retail traders and exchanges alike.

Despite a recent dip, fundamental and technical indicators suggest that the token may not be done with its rally just yet.

Several exchanges have listed the PUMP token recently

Over the past months, major exchanges have expanded access to PUMP, a move that has boosted liquidity and visibility.

In July, MEXC listed PUMP/USDT and PUMP/USDC in the Innovation Zone with a convert feature, opening up one of the deepest retail-driven order books in Asia.

On Thursday, last week, Binance.US introduced spot trading for the PUMP/USD pair, giving American traders direct exposure for the first time.

In addition, MEXC has promised to list a Pump.fun token every Monday.

Regional exchange Coins.ph has also joined in, offering PUMP/PHP on its Convert feature to capture demand from Southeast Asia’s growing Solana user base.

$PUMP (@pumpdotfun) is the new token listing on https://t.co/ehQWvZk9FW! $PUMP is the native token of https://t.co/XbDiaLZCIm, a Solana meme-coin launchpad. It fuels rewards, fee perks & platform growth, and is driven by hype and community energy.

Trade PUMP/PHP on… pic.twitter.com/gy7JJ6LQEq

— Coins.ph (@coinsph) September 15, 2025

These listings signal that exchanges see sustained interest in Pump.fun despite questions over the token’s long-term stability.

The impact of these listings has been immediate. Trading volumes crossed $1.2 billion in 24 hours, with liquidity spreads tightening and new buyers entering the market.

PUMP token buybacks provide stability

Another key factor supporting PUMP’s price is the aggressive buyback program run by the Pump.fun platform.

Since August, the team has allocated roughly 35% of its fee revenue to purchasing tokens on the open market.

Data shows that around $33 million worth of PUMP has been bought back, with daily purchases averaging $1 million to $1.3 million.

These buybacks reduce circulating supply and inject confidence during volatile sessions.

Critics, however, argue that the buyback strategy functions more like market-making than organic demand, particularly since many of the purchases have been made at a premium to earlier trading levels.

Even so, the program has helped prevent sharper corrections and reassured retail traders that the team is willing to defend the token during dips.

$5.5 billion class-action lawsuit and platform rivalry

While the fundamentals appear strong, PUMP is not free of risks.

A $5.5 billion class-action lawsuit filed in July accuses Pump.fun of operating as an unlicensed casino and links the platform to more than $700 million in retail losses.

The case remains unresolved, but its timing coincided with PUMP’s price peak, raising concerns that legal proceedings could trigger risk-off sentiment among larger investors.

Competition has also intensified, with LetsBONK.fun overtaking Pump.fun in daily Solana memecoin launches and capturing more than half of August’s revenue in the segment.

This shift threatens Pump.fun’s fee-driven model, which underpins the buyback strategy and provides value to PUMP holders.

But for now, Pump.fun still maintains dominance in token listings, but sustained erosion of market share could weigh on growth.

ICO whales exit

Adding to the headwinds is selling pressure from early investors.

Reportedly, roughly 60% of ICO participants have exited their positions, with some whales offloading close to $40 million worth of tokens since July.

The initial sale price of $0.004 has become a psychological resistance level, and with more than half of the circulating supply still in the hands of ICO buyers, the risk of additional sell-offs looms over the market.

This dynamic has created persistent overhead resistance and raises questions about how much further buybacks can offset distribution from large holders.

The PUMP price outlook

Despite these challenges, the token’s recent performance has been impressive.

PUMP’s price has surged more than 125% over the past month and more than 60% in the past week, reaching an all-time high of $0.008819 before retreating slightly.

The token currently trades near $0.0078, down around 3.4% in 24 hours as traders lock in profits.

Key technical levels show solid support between $0.00613 and $0.00605, while resistance sits in the $0.00739 to $0.00797 band.

A breakout above the resistance zone could trigger another leg higher, with bulls eyeing $0.00846 as the next target.

Conversely, a break below support would bring the $0.0064 range into play, with potential panic selling if $0.007 fails to hold.

The post Pump.fun fundamental analysis points to more gains for PUMP price despite current pullback appeared first on CoinJournal.

Pump.fun fundamental analysis points to more gains for PUMP price despite current pullback

Source: https://coinjournal.net/news/pump-fun-fundamental-analysis-points-to-more-gains-for-pump-price-despite-current-pullback/

The PUMP token has returned to the spotlight, gaining momentum after a wave of aggressive buybacks by Pump.fun, the Solana-based memecoin launchpad.

Pump.fun’s latest moves have shifted market sentiment, with traders showing renewed confidence in the project’s ability to sustain its position at the heart of Solana’s retail-driven activity.

Buybacks fuel price recovery

Pump.fun has spent heavily on buybacks in August, with more than $62 million worth of PUMP tokens repurchased since the start of the month.

Between August 20 and 26 alone, the platform allocated $10.66 million — equivalent to more than 99% of its revenue that week — towards token repurchases.

Over a two-week stretch earlier in the month, Pump.fun spent an additional $19.26 million to scoop up nearly three billion tokens, trimming the circulating supply by almost 1%.

These buybacks have offset more than 4.2% of PUMP’s total circulating supply to date.

Each repurchase reduces selling pressure and reassures investors that the platform is backing its native asset with revenue generated from its surging activity.

This approach has already lifted PUMP’s price by more than 30% in the past month, helping the token recover from its late July lows.

PUMP market cap rebounds beyond $1 billion

The impact of these moves has been visible in market capitalisation figures.

After tumbling sharply in mid-July, PUMP has climbed back above the billion-dollar mark, reaching around $1.29 billion as of the latest CoinGecko data.

The fully diluted valuation now sits above $3.6 billion, reflecting the scale of long-term potential if buybacks and adoption continue at pace.

Trading activity has also strengthened. In the past 24 hours, PUMP recorded volumes exceeding $335 million, highlighting robust liquidity in a period where broader Solana decentralised exchanges have seen declining participation.

This rebounds positions Pump.fun as one of the most active and profitable applications on Solana, rivalling well-established DeFi players.

Pump.fun dominance draws traders back

Pump.fun’s resurgence is not only tied to buybacks but also to a significant recovery in its market share.

At the start of August, the launchpad accounted for just over 11% of Solana coins.

Within weeks, that share had surged above 90% before stabilising around 62% of sector revenue.

Daily active users on Pump.fun have jumped above 38,000, leaving rivals like LetsBonk with only a fraction of the activity.

This resurgence has been amplified by the success of tokens like $TROLL, which soared 250% in August and reinforced the speculative energy fueling Pump.fun’s ecosystem.

The sheer number of tokens created, more than 293,000 in just two weeks, underscores how the platform has captured the imagination of retail traders seeking quick exposure to memecoin plays.

Outlook remains cautious despite bullish momentum

From a technical perspective, the PUMP token has broken above its short-term moving averages, with indicators such as the Relative Strength Index (RSI) and MACD being bullish.

In addition, the current price of $0.003625 is pressing against the $0.00375 resistance level, a key threshold that traders are watching closely.

A clear break past the resistance at $0.00375 could open the door to a return above $0.004, levels last seen before July’s selloff.

However, there are questions about the sustainability of the aggressive buybacks that cast a shadow on the long-term outlook for PUMP.

Notably, more than half of the circulating supply is still concentrated in early holders, and sudden exchange inflows could spark renewed volatility.

The post PUMP token price gains momentum amid aggressive buybacks by Pump.fun appeared first on CoinJournal.

PUMP token price gains momentum amid aggressive buybacks by Pump.fun

Source: https://coinjournal.net/news/pump-token-price-gains-momentum-amid-aggressive-buybacks-by-pump-fun/