Pump.Fun Soars Amidst Market Uptrend: Whale Activity & Buybacks Drive Explosive Gains

The cryptocurrency market experienced a notable rebound yesterday, surging more than 1% despite earlier expectations of further declines. This positive shift has benefited Pump.fun (PUMP) as its price surged over 10%, trading around $0.002931, with significant volume spikes accompanying the move. This surge is not random; a clear catalyst can be attributed to the activity of large investors and strategic buybacks.