Pump.fun price climbs as BOOST buybacks absorb vesting supply
- fun's BOOST buybacks helped offset selling from the latest token unlock.
- PUMP reclaimed $0.002 as daily trading volume topped $135 million.
- Bulls are watching the $0.00210-$0.00215 resistance zone.
Pump.fun price extended its recovery this week, climbing above the $0.002 mark as buying pressure continued to outweigh concerns over a major token unlock.
The token gained more than 14% over the past 24 hours, with trading volume rising to roughly $135 million, showing that market participation remained elevated during the rally.
Notably, the price hike comes after one of the largest vesting events for the project, a development that many traders expected would trigger heavy selling.
BOOST buybacks absorbed the token unlock pressure
A key catalyst behind the latest rally has been the BOOST mechanism, which creates ongoing buying pressure for PUMP through token buybacks.
The feature has become an important part of the project's token economy and has attracted renewed attention as the token recovered from recent lows.
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