Pump.Fun (PUMP) Token Nears Milestone $1 Billion OI In 3 Days

PUMPUSDT price stands at $0.0065 after bouncing off the $0.0063 support level. The token has gained 16% in the last 12 hours, showing that the demand for PUMP is strong.

The valuation of Pump.Fun has skyrocketed in just two days, reflecting a surge in demand. In only 48 hours since its launch, the altcoin has amassed 45,500 holders.

The macro momentum behind Pump.Fun is undeniable, with open interest in PUMPUSDT nearing $913 million. It is on track to hit the $1 billion mark by day three of its launch.

Given the ongoing momentum and investor confidence, the token is likely to continue pushing upwards in the near future.

With the current market conditions and growing support, PUMPUSDT could breach the $0.0067 resistance and reach as high as $0.0070 in the coming days. This would mark a significant achievement for the altcoin, continuing its impressive upward trajectory.

However, if PUMPUSDT faces a sudden wave of selling or broader market bearishness, the token could lose the $0.0063 support level. A decline below this point would likely see PUMP slipping to $0.0060, invalidating the bullish outlook and signaling a potential market correction.