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Pump.fun’s PUMP token has surged nearly 30% after hitting a new low, sparking speculation of a recovery rally. Analysts suggest the bottom may be in as buyback programs and whale activity fuel the rebound.
- PUMP token surged 30% from a low of $0.0022, breaking key resistance at $0.0030.
- Pump.fun's buyback program has spent over $21.5M in SOL to repurchase tokens, but critics call the strategy inconsistent.
- A whale invested $3.16M in PUMP despite earlier losses, signaling renewed large-scale interest.
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