As the native token of Pump.fun, the viral platform democratizing meme coin creation. PUMP embodies the hyper-liquidity dynamics of its ecosystem. This analysis tracks PUMP price action through three unique lenses. Platform revenue burns, newly launched coin correlations, and the token’s distinctive “sawtooth” volatility patterns around major platform updates. We identify critical liquidity zones while analyzing the unusual 5-minute RSI behavior characteristic of its microcap peers. PUMP’s value is directly tied to meme coin mania cycles. This technical framework helps traders navigate its reflexive nature. Where platform activity fuels token demand, which in turn drives more activity.
PUMP Price Analysis of July 29, 2025
PUMP price formed a downward-moving channel, which pushed the price from the high of $0.002894 to the low of $0.002341. The downward-moving channel shows an extreme downward push, then it broke out to the upside at 04:35 IST, supported by the golden crossover of MACD. The price spiked to the upside, but the momentum was weak, and the price formed a downward-moving channel, which broke out to the downside at 07:25 IST, supported by the death crossover of MACD. The PUMP price spiked to the downside and formed a range.
Chart 1: PUMP/USDT M5 Chart, Analysed by Vallijat007, published on TradingView, July 29, 2025
- The range broke out to the upside at 08:35 IST, supported by a golden crossover of MACD; PUMP price spiked to the upside and formed an upward-moving channel.
- The upward-moving channel broke out to the downside at 10:10 IST, supported by the death crossover of the MACD.
- The small pattern established a resistance area at the level of $0.002465 and a support area at the level of $0.002345. Between support and resistance, an expanding triangle pattern appeared.
- If the expanding triangle pattern breaks out to the downside, then it may drop to the level of $0.002345, which currently acts as support.
- If the PUMP price is able to break the support area, then it may drop to the level of $0.002000.
Pump.fun Faces Legal and Competitive Challenges as Market Share Collapses.
Pump.fun, once the dominant Solana meme coin launchpad, has seen its market share plunge from 88% to just 19% in a month as rival LetsBonk now commands 69% of token deployments. The platform’s revenue has dwindled to under $200,000, reflecting a dramatic shift in trader preference.
In response, Pump.fun unveiled a 30-day PUMP token reward program to boost engagement, triggering a 17% price surge. However, the initiative was overshadowed by a class-action lawsuit alleging Pump.fun operated a $5.5 billion “rigged slot machine” scheme, with claims of RICO violations and fraud filed in New York.
Further compounding its troubles, Pump.fun’s co-founder Alon Cohen confirmed no airdrop is imminent, sparking a 7% drop in Dogecoin and a 10.7% meme coin market slump.
With legal risks, declining dominance, and failed hype cycles, Pump.fun’s future hangs in the balance as competitors like LetsBonk capitalize on its missteps.
PUMP Faces Breakdown as Legal Risks and Competition Erode Market Confidence:
Pump.fun’s declining price action mirrors deeper trouble for the platform itself. A dramatic fall in market share, from 88% to 19%, and a $5.5 billion class-action lawsuit alleging fraud and RICO violations are fueling uncertainty. While a short-lived 17% price boost followed its 30-day reward program, the absence of an airdrop and broader meme coin sell-offs erased those gains. PUMP now sits near critical support at $0.002345, and if broken, could fall to $0.002000. With LetsBonk capturing 69% of market activity and trust in Pump.fun eroding, the PUMP price may remain under pressure unless a strong technical or legal recovery emerges.
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