Pump.fun (PUMP) Price Outlook Following a Successful Launch

Pump.fun’s public token sale has officially wrapped up—and it didn’t just go well, it flew off the shelves. What was meant to last up to 72 hours sold out in just 12 minutes. That says a lot about how much hype this memecoin launchpad has gathered in a short time.

📦 Public Sale Details

The $PUMP token is the native token of Pump.fun, a Solana-based platform designed to launch memecoins quickly and easily. During the sale, 150 billion PUMP tokens were made available to the public. That’s about 15% of the total 1 trillion token supply, although some sources also peg the offering at 12.5% of the max supply.

Each token was sold at a fixed price of $0.004, and the project raised somewhere between $500 to $600 million. That puts its fully diluted valuation close to $4 billion.

The ICO was hosted on Pump.fun’s website as well as several major exchanges, including Kraken, KuCoin, Gate.io, Bybit, Bitget, and MEXC. So if you didn’t grab any during the sale, there were plenty of chances.

📊 PUMP Price Outlook

After the big launch, the PUMP/USDT price has settled just below $0.0066. It saw some strong upward movement early on but now appears to be moving sideways, consolidating near recent highs.

The RSI is sitting around 66 on the 1-minute chart, which shows the token has cooled down slightly after being overbought. That’s normal for any hot launch—some early buyers take profits, while others wait for a second leg up.

Source: TradingView

The 50-day and 200-day MAs aren’t relevant yet on these shorter timeframes, but price action has remained above recent support zones, which is a good sign. As long as PUMP can hold above the $0.0063–$0.0064 range, bulls may look to push for another run at the $0.0070 level.

Short-term, it wouldn’t be surprising to see a bit more chop while the market figures out a fair price. If momentum picks up again, we could see a rally toward $0.0072 or higher. But if support breaks, watch for a dip toward $0.0060 or even the $0.0055 zone.

For now, PUMP is holding steady after a strong debut. As long as it keeps that support base intact and volume stays healthy, bulls are still in the game.

Read also: SEI Reclaims Momentum as it Targets $0.35 Break – SEI Price Gains Interest Among Traders

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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