Crypto News
Pump.fun Buybacks Fuel PUMP Token Revival Amid Broader Crypto Downturn
Pump.fun’s native token, PUMP, has bucked the market-wide downturn this week, rising by 17% as the protocol leverages platform fees to repurchase tokens. The buybacks are designed to support holders by reducing circulating supply and absorbing sell pressure, a model increasingly common across crypto projects.At the time of publishing, PUMP is trading at $0.0035, about 40% higher than a month ago but still down 50% from its July debut, when it quickly fell from $0.007 to $0.0024 in just 10 days. The sharp post-launch decline reflected the fading of initial hype, but recent momentum suggests buybacks are helping stabilize the token’s market.The driver is Pump.fun’s revenue engine. The platform earns fees on every token created through its service, a model...
Why Eric Trump Thinks Bitcoin Will Hit $1 Million
Eric Trump, son of U.S. President Donald Trump, shared why there's "no question" to him that Bitcoin will rise to a price of $1 million.Source link
Optimism (OP) Faces Technical Pressure as Price Tests Support at $0.70
OP price drops 0.28% to $0.70, testing crucial support levels as bearish momentum indicators signal potential weakness ahead. (Read More)Source link
TRON (TRX) Consolidates Near Support as Technical Indicators Signal Mixed Outlook
TRX price holds steady at $0.34 with neutral RSI at 46.91, while Bollinger Bands suggest potential breakout from current consolidation pattern. (Read More)Source link
AVAX Approaches Critical $25.99 Resistance as Network Activity Surges 200%
Avalanche (AVAX) trades at $23.71 with daily transactions reaching 1.5M, setting up for potential breakout above key resistance levels. (Read More)Source link