PUMP coin price climbed to $0.004624 on September 5, logging an 8–10% daily gain and extending its 32% weekly surge. The move comes as Pump Fun confirmed it purchased $12.19 million worth of PUMP tokens between August 28 and September 3, offsetting over 5.36% of the circulating supply.
This aggressive treasury program, now totaling $74M in cumulative buys, has become the single largest catalyst underpinning market confidence.
At the same time, the platform launched Dynamic Fees V1 under its broader “Project Ascend” initiative.
The new model slashes fees for higher-cap coins and accelerates Creator Fee applications by 10x, making content monetization faster and more lucrative. Within 24 hours of rollout, $2M was handed out to creators, sparking comparisons with Twitch and Kick.
“Now, creating on Pump.fun will be 10x more rewarding,” the project posted on X, hinting at an exponential increase in talent onboarding ranging from streamers to startups. It was also officially endorsed by Solana.
For traders, this matters because more creators mean more liquidity, more viral coins, and a stronger feedback loop between revenue and buybacks.
PUMP Fun Price Action Tests Its Limits
While fundamentals are turning bullish, the charts are flashing mixed signals. On the one-day timeframe, PUMP coin has retested the $0.0039–$0.0040 support twice, forming what Alpha Crypto Signal called a “double bottom” setup.
A clean breakout above this neckline could trigger a run toward $0.0060–$0.0070, representing 30–50% upside.
Meanwhile, momentum indicators are also supportive: RSI sits at 66, short-term moving averages are in “strong buy” territory, and TradingView’s aggregate technicals tilt to 12 buys vs. zero sells.
Still, not all traders are convinced. Analyst Emre Paulho warned that the Pump Fun price is “at an important resistance point” and revealed he is considering a short position if the breakout stalls. If it falls back to $0.0033, it would invalidate the bullish structure and potentially unwind recent gains.
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