$PUMP Volume Explodes: Meme Traders Are Back and Pumping Hard ๐
The $PUMP narrative is roaring back to life as meme coin activity ignites across the ecosystem. This isn't just noise; spot volume hit $182M in 24 hours, confirming real trader participation, not just thin-book manipulation. ๐
On-chain data is screaming louder: Pump.fun daily volume doubled recently, hitting $116M, with active addresses surging past 135K. Users are actively engaging and spending.
Crucially, over $200M of protocol revenue has been funneled directly into $PUMP buybacks, effectively removing 10% of the total supply. Thatโs a powerful deflationary moat being built quietly beneath the price action.
While we are still in a relief rally phase facing overhead resistance, the convergence of massive volume, high platform activity, and supply reduction is the perfect cocktail for a narrative rebuild before the masses catch on.
#MemeCoinSeason #CryptoGems #DeFiPump
