- Pump Fun 2.0 boosts mobile trading with real-time trends and one-tap token buys.
- PUMP token stalls near $0.02000 with zero volume and weak technical indicators.
- Despite zero supply, PUMP’s FDV sits at $421K, hinting at speculative future value.
Pump.fun has rolled out its much-anticipated mobile app upgrade, Pump.fun 2.0, introducing a new suite of tools for crypto enthusiasts on the go. The release focuses on speed and simplicity, with features designed to make trading more intuitive.
Yet, while the app gets a major facelift, the platform’s native PUMP token tells a completely different story, one of stalled momentum and deeply concerning market metrics.
What’s New in the Pump.fun 2.0 App?
The app’s most notable features include a “Movers Feed,” offering a real-time view of top-performing and lagging tokens. This tool helps users stay alert to rapid market shifts. In addition, “Tap-to-Ape” simplifies token purchases with one-tap functionality, making instant trades possible across any app.
A newly integrated news section also surfaces token trends and headlines to keep users engaged. These features are clearly aimed at driving adoption and community interest, a critical need given the token’s uncertain dynamics.
PUMP Token Stuck at Key Levels with Little Movement
The price of PUMP has flatlined around the $0.02000 mark after a sharp intraday drop from $0.02015. This decline occurred without warning and was followed by complete price flattening. There has been no clear rebound or movement since.
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This suggests a significant lack of trading interest and possibly liquidity. The support level is now set at $0.02000, while $0.02015 serves as resistance. However, these thresholds are currently symbolic, as the market shows almost no activity.
Market stats reveal concerning gaps. The circulating supply of PUMP remains at zero, and trading volume over the past 24 hours is also zero.
The market cap is listed as $0. These numbers raise red flags about the token’s availability and traction. Despite this, the Fully Diluted Valuation stands at $421,720 highlighting some valuation potential if the token eventually enters circulation fully.
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Weak Indicators Paint a Cautious Outlook
Technical indicators reflect a similarly weak posture. The MACD hints at a potential shift, showing a slight bullish crossover. However, it remains in negative territory, suggesting no real momentum.
Meanwhile, the RSI reads at 34.89, nearing oversold territory but not quite hitting the threshold. This positions the token close to a point of interest for buyers, but not decisively so.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
