Pump.fun (PUMP) Price: Token Up 33% as Weekly Fees Hit $10M for the First Time

TLDR

• PUMP gained 33.8% in seven days, trading near $0.0028 on Aug. 11
• Pump.fun posted $10.03M in weekly protocol fees, up 12% week-over-week
• Platform revenue over 30 days hit $35.67M, overtaking Hyperliquid’s $32.46M
• Pump.fun burned 2.15 billion PUMP tokens worth $5.02M during the week
• A token unlock of 6.875 billion PUMP is scheduled for Aug. 12–14

PUMP has had a strong week. The token was trading near $0.0028 on Aug. 11, up 33.8% over seven days and more than 104% over the past 30 days. Its circulating market cap stands at around $1.1 billion.

The price recovery has come alongside a clear uptick in platform activity on Pump.fun, the Solana-based token launch platform behind the token.

Pump.fun reported $10.03 million in protocol fees for the week of Aug. 3–9. That was a 12% increase from the previous week and the first time weekly revenue crossed $10 million under its current reporting series.

🔥 HUGE: Pumpfun breaks $10 MILLION in weekly fees for the FIRST time ever.

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