Pump.fun Rises 4.89% in One Hour to $0.005659

Pump.fun (PUMP) rose 4.89% in one hour to $0.005659 at 8:51 p.m. ET on Oct. 2 (00:51 UTC Oct. 3), while remaining lower over the previous 24 hours.

TokenPost’s direct collection of Binance spot PUMP/USDT prices put the token at $0.005395 one hour earlier. The 24-hour change was negative 3.12% at the time of the price check.

Liquidations during that hour totaled $10,000 in short positions and $0 in long positions across Binance, Bybit and OKX, based on TokenPost’s aggregation. Liquidations occur when exchanges close leveraged positions that can no longer meet margin requirements.