The PUMP token, based on the Solana platform, has seen a significant increase in price over the past 24 hours, although a potential correction is anticipated.
PUMP Token Price Growth
As of now, the PUMP token is priced at $0.006021, reflecting a 23.12% rise compared to the previous day. There is also a 23.18% increase in market cap and a 169.42% rise in trading volume over the past 24 hours. Over the last week and month, PUMP has risen by 45.93% and 60.53%, respectively.
Potential PUMP Correction
Experts suggest that the PUMP token may face a correction in the coming days. According to data, the price could decline by approximately 23.18% in the next five days, bringing it down to around $0.004289. A further 25.05% drop is anticipated in the next month.
Factors Influencing Price Growth
The increase in PUMP is driven by two key factors: the listing on Binance, where trading for the PUMP/USDT pair will commence on September 10, 2025, and the announcement of partnership expansion with MEXC, which includes integrating memecoins from Pump.fun into the MEXC ecosystem.
While the PUMP token shows significant growth, preliminary signs indicate a potential correction. Investors should closely monitor market changes.
