Pump.fun is synonymous with meme coin trading on Solana. Therefore, when Pump crypto was first unleashed, many expected PUMP USD to fly right off the bat. While it did, PUMP/USDT didn’t sustain the momentum, only to pull back to what can only be said to be worrying levels.
Fast-forward a few weeks after PUMP crypto hit the market, and confidence is high across the board that the token priming the popular meme coin launch pad is ready to breach all-time highs. The latest data from Coingecko shows that the PUMP token is trending and has been among the top gainers in the last 24 hours.
(Source: Coingecko)
Because of the turnaround of the past few trading days from late August, PUMP is up 60% in the last month of trading, pushing the biweekly gain to 80%. Meanwhile, because of the rapid extension of the PUMP price on September 10, PUMP crypto is up a decent 40% in the past 24 hours.
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From the daily chart, PUMP crypto buyers are firmly in control. In the short to medium term, the path of least resistance is northwards.
Technically, PUMP crypto broke above the consolidation from mid-August to early September when PUMP USD surged on September 4.
The close above $0.004 was pivotal, and set the ball rolling for PUMP/USDT, whose bulls are now targeting July 2025 highs of around $0.007.
If PUMP bulls are to close above this resistance level, the leg-up must be done with rising volume.
And this appears to be what traders are preparing for. On Coinglass, the skew among top traders and accounts, especially on Binance, the world’s largest crypto exchange, is bullish.
(Source: Coinglass)
Top traders on Binance are overwhelmingly bullish, and the long/short ratio is 2.16. Meanwhile, among general PUMP accounts on the futures platform, the long/short ratio is 1.65, meaning most traders are bullish and expect the PUMP/USDT uptrend to continue.
On X, one trader thinks that, though there are risks of downsides after the push higher on September 10, the probability of a deep correction is low. On the flip side, however, there is a high chance of PUMP USD racing to July highs and retesting $0.007.
(Source: TetherTendies, X)
Once $0.007 is conquered, another analyst said PUMP/USDT will easily soar to $0.01, a psychological level.
A wave of fresh demand has pushed $PUMP up nearly 20% in the last 24 hours. The token's rally is backed by a buyback program that's removed over $12M from circulation, tightening supply. The key level to watch is $0.0068. A breakout here could lead to a run to $0.01.#Crypto… pic.twitter.com/ZwnQqgbWM0
— CryptoniteUae (@CryptoniteUae) September 11, 2025
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If PUMP crypto breaks above $0.007 in the coming days, the path to $0.01 will position the meme coin among the most valuable not only in Solana but in crypto.
It is also highly likely that PUMP USD will break into the top 10, displacing the likes of TRON crypto and Cardano (ADA).
If Bitcoin crypto recovers, some of the best altcoins, including Solana, will edge higher. Rising SOL USD prices will trigger speculation, and like in the last meme coin boom of 2024, speculators will flow, minting and trading all sorts of meme coins.
Going by recent trends, most of these meme coins will be minted on Pump.fun. In recent weeks, competitors, mainly LetsBonk, have been losing share to the first meme coin launchpad on Solana. The more tokens are minted, the higher the revenue; thus, the more PUMP the team will buy back from the market.
(Source: Dune Analytics)
Since the start of the PUMP buyback program in July, over $85M worth of PUMP has been scooped from the secondary market. Pump.fun spends 98-100% of the platform revenue to actively buy back PUMP from the open market, stabilizing the token and creating upside pressure.
(Source: Pump.fun fees)
Any meme coin hype, as seen in 2024 in Q4 2025, will only funnel more capital to Pump.fun, and the team will continue buying more PUMP. In the expected supercycle, it won’t be surprising for PUMP USD to soar to as high as $0.01.
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The post Is PUMP Crypto Ready To Rip? PUMP USD Eyes $0.01 As Meme Coin Bulls Bid Up appeared first on 99Bitcoins.
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