After the buyback, the PUMP token experienced a significant increase in trading volume, with a 13.11% rise in the last 24 hours. Its market capitalization now stands at 2.11 billion dollars, up 13.11%. While these figures show promising trends, the long-term sustainability of the token is questionable.

Analysts have pointed out that although buybacks may provide temporary relief, they would not address concerns about utility and market interest.

This price increase could be fleeting, and the project will need to address its underlying concerns to maintain investor confidence. However, since major cryptocurrency exchange platforms support the PUMP token, the price may continue to attract interest despite the 4% decline in the last 7 days.

$PUMP