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Will Pump.fun(PUMP) go to zero? Can the rally continue?

2026-08-23 00:40:14
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PUMP is a very different project from memecoin and community-driven projects, focusing directly on developing its own trading infrastructure and ecosystem. As the core of the Pump.fun platform, PUMP is part of the structure on Solana that promotes the creation and issuance of new tokens. The biggest advantage of this platform is that users can create tokens in a very short time without any technical knowledge.

The most important fundamental story of PUMP lies in the user scale and transaction volume achieved by the Pump.fun platform behind it. During the most active period of the memecoin market, the platform has become one of the most used applications in the cryptocurrency world. This is crucial for PUMP because in the long run, the value of a token will not only depend on community attention, but also on the actual use of the platform and the revenue it generates.

From a technical perspective:
The PUMP/USDT daily chart closed above the region for three consecutive days after gaining support at the US$0.003375 level, indicating that PUMP has successfully held this position. If tomorrow's weekly close still remains above this region, we can expect it to use this as support and continue its upward trend. The next main goal of PUMP, which remains bullish, will be to hit a new all-time high (ATH). Especially during periods of strong market strength, meme coins usually face active markets, which may become a positive catalyst for PUMP.

We may see prices break below the support area during days to gain liquidity and wash investors. In this scenario, the price may pull back to the $0.002640 level. There is the possibility that prices will fall to lower support areas to collect liquidity, and US$0.002640 will become a strong support level in this scenario.

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