Key Insights:
- Pumpfun price was at $0.0052, with targets at $0.0055, $0.0069, and $0.0072 if demand continues.
- Co-founder Noah Tweedle’s call for smart spending sets Pump.fun apart from typical meme coins.
- Buybacks, rising Money Flow Index, and RSI hidden bullish divergence support a possible 43% rally.
Pump.fun was trading at around $0.0052 at press time, up more than 7% in one day. Charts suggest that the Pumpfun price could climb toward $0.0069, a rally of about 43%.
The PUMP price setup is backed by on-chain data, team buybacks, and co-founder Noah Tweedle’s push for disciplined growth, among other things
Spending and Growth Could Separate Pump.fun From Other Meme Coins
In an interview, Pumpfun co-founder Noah Tweedle said it is not enough for a project to have a lot of cash. What matters is how that cash is spent.
He explained that companies should turn every $100 they spend into at least $120 in return.
This idea may sound simple, but in crypto, it is rare. Many meme coins grow on hype alone. They attract buyers with memes, but they often do not plan for long-term growth.
Tweedle added that Pumpfun is competing with giants like Binance and Coinbase. These platforms have billions of dollars ready to protect their position in the market. For Pump.fun, this means smart spending is not just advice; it is survival.
By stressing growth through careful use of funds, Pumpfun is trying to show that it is more than just another meme coin. This focus could help the project stay relevant long after the hype cools down. \
Also, with most meme coin Founders willingly staying in the shadows, Tweedle’s public talk does spark some confidence.
Pumpfun Buybacks and On-Chain Signals Support Confidence
Pumpfun has also been using buybacks. The team spent millions in Solana to buy back Pump tokens.
Buybacks matter because they lower the supply of tokens in the open market. At the same time, they show that the team itself is confident in the token’s future value. When a project buys its own coin, it signals that it believes prices will rise.
Other on-chain signals also show demand. The Money Flow Index (MFI), an indicator of buying activity, has been climbing.
That means Pumpfun price dips are being bought. Do note that the MFI was tracked on the daily chart.
The Chaikin Money Flow (CMF), which tracks whether “smart money” is backing a move, recently turned positive at 0.06. While this is promising, it needs to cross the 0.08 mark from late August to confirm stronger whale support.
The CMF is tracked on the 4-hour chart to see if bigger wallets are pushing in funds at critical points.
Weekly exchange flows remain negative. Tokens are leaving exchanges instead of entering them. This is often a sign of accumulation, meaning holders are keeping tokens in wallets rather than preparing to sell.
RSI Hidden Bullish Divergence Justifies the Positive Pumpfun Price Outlook
Pumpfun price Charts add another reason for optimism. The Relative Strength Index (RSI) is an indicator that measures whether an asset is overbought or oversold.
When prices move up but RSI moves down, it sometimes shows weakness. However, when prices make higher lows while RSI makes lower lows, it forms a “hidden bullish divergence.”
This pattern often signals trend continuation. In Pumpfun case, it suggests that the upward trend has more room to run.
Based on the four-hour chart, the first target is $0.0055. If buyers push beyond $0.0069, the next level is $0.0072. This would mark a 43% rally from the press-time price.
Still, traders should watch for invalidation. If the price falls below $0.0044, it would cancel the bullish setup and suggest weakness. The profit-taking in early September shows that corrections can come quickly.