$PUMP sold out in 12 minutes and surged over 60% above its ICO price, showing massive demand and early investor confidence.
A 27% rally backed by 518M trading volume proves $PUMP's price growth is supported by real interest, not just market hype.
With locked tokens set to unlock soon, current price action and strong support suggest $PUMP may continue gaining traction post-distribution.
The $PUMP token has exploded onto the crypto scene following a record-breaking public sale. In just 12 minutes, the $PUMP ICO raised $500 million, selling out across platforms like pump.fun and participating exchanges. The token launched at $0.004 and immediately began showing strength. Within hours, it gained pre-market momentum, trading near $0.0056. As of writing, $PUMP is priced at $0.006444—up 1.07% for the session and more than 60% above its sale price.
Besides, this early price action signals demand and speculative excitement. On July 12, PUMPUSD recorded its biggest move yet. The token surged from around $0.0055 to nearly $0.0070 in a single session. That move represented a 27% spike and was accompanied by a massive trading volume of over 518 million tokens.
Source: Finish
High Volume Shows Real Demand
The trading volume profile during the rally confirms that this was not a low-volume pump. Most of the volume came during the sharp breakout, not during the quieter periods. This suggests organic market interest and wide participation. The token dipped to around $0.0049 earlier on July 11 before rebounding aggressively, proving strong support at lower levels.
However, $PUMP has since pulled back slightly after hitting its peak. It now hovers near $0.0064 as traders digest gains and new investors evaluate their entry points. Still, the price is above the post-sale lows.
Distribution Phase Underway
Pump.fun has confirmed that token distribution will complete within 48 to 72 hours post-sale. During this time, the tokens will be locked and not tradable or transferable. Once the distribution ends, trading will officially open across exchanges. The official contract address has been released, and users are warned to avoid counterfeit versions.
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