Pump Fun coin price rose roughly 7% on April 29 as Pump.fun executed a one-time destruction of approximately $370 million worth of tokens, removing around 36% of the circulating supply across two on-chain transactions.
The burn came paired with a structural commitment: 50% of net platform revenue locked into an irreversible programmatic buyback-and-burn contract for the next twelve months.
This burn addressed a specific, long-standing grievance. Despite Pump.fun routing 100% of platform revenue to buybacks for roughly nine months, generating over $1 billion in lifetime platform revenue, community trust remained fractured.
The problem was never the buybacks; repurchased tokens simply weren’t being burned. That ambiguity is now closed. The new structure commits 50% of net fees from the Bonding Curve, PumpSwap, and Terminal to open-market purchases and immediate burns, executed through an irreversible locked smart contract.
The remaining 50% of the funds will be used for operations and be strategically reinvested, a trade-off the co-founder addressed. He said 50% of the business being built will outpace 100% of what exists today.
Volume responded immediately. The 24-hour figure hit $161 million, up 137.87%, pushing Pump.fun crypto to a market cap of $631.68 million against a fully diluted valuation of $1.9 billion.
Pump Fun Coin Tests Key Resistance After High-Volume Breakout
As seen on the chart, the PUMP price has been trading between $0.0018 and $0.0033 since the late November surge, with sellers running out of steam as the price approaches the lower end of the range. Price hit a high of $0.00199 and retreated below the $0.002 level, while maintaining above the intraday low of $0.001742.
The $0.0018 support has held through many breakdown attempts since December, without a sustained close below it, and is now an accumulation zone bolstered by the burn catalyst. The $0.0033 resistance serves as the upper range resistance and will need to see a volume-backed daily close above it to alter the current structure reading.
With regard to other levels, it is noteworthy that the PUMP coin is currently trading 84.34% below its all-time high of $0.01214 set in July 2025 and 67.8% above its all-time low of $0.001133 in October 2025.
The RSI (14) is at 55.56, rising while the price trades compressed around range lows, implying some bullish divergence.
At current readings, the indicator sits clear of overbought territory, leaving room for the move to extend. A PUMP price prediction targeting $0.0033 resistance is the logical bull case from the current basing structure, contingent on Pump.fun sustaining the platform revenue that fuels the buyback engine. A daily close beneath $0.0018 invalidates the setup.
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