PUMP surges by 52.56% within 24 hours as short-term volatility intensifies
On September 23, 2025, PUMP saw a dramatic 52.56% rise in just 24 hours, reaching a price of $0.005767. Over the previous week, the token had plummeted by 2665.22%, but rebounded with a 2745.45% surge both in the past month and over the last year. These numbers highlight extreme price swings, with recent short-term gains standing in stark contrast to an overall downward trend.
This sharp 24-hour rally followed a lengthy stretch of steep price declines. Even with the latest spike, the token’s broader outlook remains unstable, having shed 99.5% of its value in the last week alone. Experts note that such erratic price action is typical for tokens with a large circulating supply and small market cap, where trades by major holders can dramatically sway prices.
From a technical perspective, indicators show an absence of a clear trend, as moving averages have not established a consistent direction. The RSI is approaching overbought levels, but given the asset’s history of rapid corrections, this may not serve as a significant barrier. Meanwhile, the MACD has just crossed into positive territory, hinting at possible short-term momentum, though the flat histogram reflects uncertainty among traders.
