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🟢 Daily Top Crypto Gainer – July 31
@pumpdotfun $PUMP | +28.7% (24h) | $0.00321
Why It’s Pumping:
launched a powerful buyback program, whales are buying big, and the chart just broke out of a 2-week downtrend.
What’s Driving It:
• 100% Fee Buybacks: All daily platform fees (~$210K/day) are now used to buy $PUMP.
• Whale Action: One wallet bought 1B $PUMP ($3.16M) — a huge vote of confidence.
• Volume Surge: $622M traded in 24h — 170x the usual.
• Technical Reversal: RSI jumped from oversold (20.95) to 42.35. Price broke out of its downtrend and is heading toward $0.0033 resistance.
Conclusion:
$PUMP is running on real fuel: protocol buybacks, whale liquidity, and a strong chart recovery. But with rivals like LetsBonk ahead in volume, it’ll need sustained demand to push past $0.0033.