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Pump.fun Rises 4.03% In One Hour To $0.005238 With $40,000 Shorts Liquidated

PUMP gained 4.32% over 24 hours, while its market capitalization stood at about $2.34137 billion.

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Brushed metal token beside a glowing red warning light / TokenPost.ai
Brushed metal token beside a glowing red warning light / TokenPost.ai

Pump.fun (PUMP) rose 4.03% in one hour to $0.005238 at 7:38 a.m. ET (11:38 UTC) on Sept. 29, extending its 24-hour gain to 4.32%. The move placed the token among the largest crypto assets by market capitalization, at about $2.34137 billion.

The price increased from $0.005035 one hour earlier. The figure was calculated from publicly displayed spot-market prices for the PUMP/USDT pair on Binance and reflects TokenPost’s direct collection of exchange data.

During the same hour, $40,000 in PUMP-related short positions were liquidated across Binance, Bybit and OKX, while long-position liquidations totaled $0. PUMP ranked 48th by market capitalization at the time of the measurement.

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