🚀 **#Coin_of_the_Day: $PUMP – Pump.fun (Meme Coin Launch Platform on Solana)** $BNB
📊 **Current Technical Data:**
- Price: Approximately **0.00270 USD**
- Decline over the last 24 hours: **‑8% approximately**
- Trading Volume over 24 hours: Between **290 – 305 million USD**
- Market Cap: Approximately **964 million USD**
- Current price is about ‑60% from the all-time high of **0.0068 USD**
🔥 **Market Updates:**
- The Pump.fun platform has launched a daily rewards system that distributes a large amount of $PUMP to encourage trading.
- Facing strong competition from the Let’s BONK project in the Memecoin market.
- The project has faced legal pressures and questions regarding the credibility of some participants.
📈 **Quick Analysis:**
- Potential buying area: **0.0025 – 0.0026 USD**
- Target for rebound: **0.0035 – 0.004 USD**
- Suggested stop loss: If the price drops below **0.0025 USD**
🧠 **Final Opinion:**
- $PUMP is experiencing high volatility and significant decline from the peak, but it still remains a trend center within the meme trading pattern.
- Entering it requires planning, and fear of speculation is valid. It is better to use a stop loss and not enter with the entire capital.
📣 **Your Opinion: Is $PUMP a corrective opportunity or a bubble? Share your thoughts in the comments👇**
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