Pump.fun Price Prediction: PUMP Plunges 16% As Investors Buy This New Degen ICO That’s Raised $1.5M

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Pump.fun Price
Pump.fun Price

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The Pump.fun price plunged 16% in the last 24 hours to trade at $0.002678 as of 4:58 a.m. EST, with trading volumes plunging 10% to $541 million.

PUMP is still up 8% in the last week. Can the price of Pump.fun recover?

Pump.fun Price Teeters At Support: Will The Bulls Reclaim Control Or Fade Away?

The PUMP price has recently shown signs of attempting a recovery after a prolonged downtrend. A short-lived rally formed a rounded top pattern near the $0.0033 level, which was quickly followed by a sharp retracement.

The Pump.fun price is now consolidating above the 0.786 Fibonacci level ($0.002491) and holding just above the $0.0026 area, as GeckoTerminal data shows. 

The 50 and 200 Simple Moving Averages (SMAs) on the 1-hour timeframe are currently flat and very close to the price of Pump.fun, suggesting a potential tug-of-war between bulls and bears. However, the price of PUMP is slightly below both SMAs, hinting at a short-term bearish bias.

Meanwhile, the Relative Strength Index (RSI) is at 47.18, which places it in the neutral zone, neither oversold nor overbought, indicating indecision in the market.

If bulls manage to reclaim the $0.002804 level and push above the 200 SMA, a move toward $0.003093 (0.236 Fib) could follow.

Pump.fun Price Chart Analysis Source: GeckoTerminal
PUMP/USD Chart Analysis Source: GeckoTerminal

Conversely, failure to hold the $0.0026 support may lead to a retest of the $0.002491 and even $0.002257 zones.

Meanwhile, investors are piling into a new meme coin called TOKEN6900 (T6900), which, according to Jacob Bury, a popular crypto YouTuber with over 57k subscribers, could soar 10X after launch.

TOKEN6900 Presale Races Past The $1.5 Million Milestone – Next 10X Crypto?

In less than a month after its presale went live, TOKEN6900 has garnered over $1.51 million in early funding as it rushes towards the $2 million milestone.

The project is a new anti-S&P 500 market top of pure crystallized collective meme-fueled delusion. Unlike other meme coins, the T6900 presale embodies fairness and sustainability from the outset.

TOKEN6900 is brain rot personified. Inspired by 2000s nostalgia and ’69 energy, it makes it clear that it has no utility.

It doesn’t track GDP, oil reserves, or corporate earnings. Instead, it tracks what it calls “vibe liquidity.” It’s not built on fundamentals but rather on delusion, irony, and the collective hallucination of terminally online traders.

However, it has a hard cap of $5 million and a massive 80% of the total token supply up for sale during its ICO.

The token is built on the Ethereum blockchain and is designed to turn collective brain rot into a tradable ticker.

Priced at $0.0068, you can buy T6900 tokens with ETH, BNB, USDT, USDC, or a bank card. The end price is $0.007125, so there’s no time to lose before the price starts to rise and the hard cap is reached.

For passive income, investors can also buy and stake T6900 tokens for a 41% annual percentage yield (APY).

Investors seeking the best presale deal will want to buy before the next ICO price hike, which is scheduled to take place in under 2 days.

Check out TOKEN6900.

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