The price of Pump.fun is rising while BOOST purchases are based on vesting supply


Pump.fun price meetings

  • The purchase of fun’s BOOST has helped reduce sales from the latest opening.
  • PUMP also took $0.002 with daily trading volume exceeding $135 million.
  • Bulls are looking for $0.00210-$0.00215 resistance zone.

The price of Pump.fun extended its recovery this week, rising above the mark of $ 0.002 as the pressure to buy continues to exceed the concern at the opening of the main indicators.

The token gained more than 14% in the last 24 hours, with the volume of sales rising to about $ 135 million, showing that market participation remained at the top of the meeting.

Notably, the price hike comes after one of the industry’s biggest sales events, a development that many traders expect will lead to more sales.

BOOST purchases are based on the compulsion of unlock tokens

The most important contribution of the recent meetings was the BOOST system, which allows PUMP to continue buying through the purchase of tokens.

The project has been the most important part of the project’s finances and has attracted renewed interest as the index bounces back from recent lows.

But recovery has become more popular because it follows a very interesting event.

About 32.5 billion PUMP tokens have been given to investors and another 50 billion tokens given to the group became eligible for opening as part of the vesting schedule.

Instead of causing the price drop itself, the market continued to pick up the extras.

The remaining unopened funds are scheduled to flow gradually over the next 36 months rather than all at once.

This has changed the focus of traders to see if continued demand can be matched by future releases rather than focusing on the initial opening.

Technical indicators point to positive trends

Price corrections have also been shown in several technical indicators.

PUMP has recovered above the Guppy Multiple Moving Average, a sign that the short-term uptrend has strengthened.

The price of Pump.fun

At the same time, the Supertrend indicator has changed significantly as the indicator tries to break the upper limit of the downward trend that has been rising in price for many months.

The price of PUMP parts

Another development that is getting a lot of attention is the practice of derivatives markets.

In contrast to the meetings that are mainly driven by energy, recent data showed that open interest decreased while the price of the symbol continued to rise.

This combination shows that demand in the real estate market has played a major role in supporting the recovery.

Business activity has also increased significantly. Daily trading volume rose to more than $135 million, with recent sessions showing growth of over 500% compared to previous levels.

Higher participation has helped support the move as buyers have pushed the token above the $0.002 sentiment level.

Market participants have also been looking at the positions of Ansem, the well-known Solana trader, who has publicly announced a long position near $0.001675.

The revelation brought increased attention to PUMP early in his recovery and coincided with a wave of sentiment across the country. Solana memecoin part.

The price of PUMP parts to see

The next technical test is near the $0.00210 to $0.00215 resistance zone, where previous rallies have struggled to sustain.

A sustained move above this area would result in the following gaps between approximately $0.0025 and $0.0028.

On the downside, immediate support is seen between $0.00185 and $0.00190.

A deeper pull may bring the $0.00170 level back, while technical analysis shows around $0.00130 as a level that could disrupt the current order.

For a long time, some market watchers have indicated $0.005 as a possible target if the current spread develops into a stable one.

However, reaching that level may require continued buying, increased trading activity, and the ability of the market to continue absorbing signals released through the selling process.





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