Pump.fun Token Soars 36%, Eyes All-Time High After Investor Boom

The Pump.fun token has experienced a significant surge, rising by 36% in the past week to reach $0.0068, driven by strong investor demand and improving technical indicators. This rally marks a notable shift in market sentiment for the altcoin, which benefits from broader cryptocurrency market stability and increased demand signals across various technical metrics. 36% gains are attributed to an increase in capital inflow exceeding outflows as assessed by Chaikin Money Flow (CMF) indicator.