PUMP’s 5% Rise Amid $148M Exchange Shuffle

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In the quiet glow of screens, Pump.fun moves like a stubborn comet across a sky crowded with algorithms and rumors. Three months pass, and revenue remains a stubborn flame, while the market composes its own gloomy ballad-a chorus of shift and wind.

At press time, revenue stood at approximately $1.59 billion, a beacon above the $1 billion line, even as the broader market sank from glittering peaks to a tired dusk. 😌 The financial crowd pretends not to notice, and perhaps that is the trick of it.

Meanwhile, network fees jumped to $913 million, with a weekly cadence of about $6 million-proof that the crowd is awake, perhaps a little too awake. The numbers keep a steady rhythm, as if the city’s pulse has learned to count in dollars. 💸

With revenue and fees holding steady, Pump.fun has accelerated its deposits into exchanges. The ledger smiles, even if the market sighs with irony.

Pump.fun moves $148M to exchanges

According to Lookonchain, Pump.fun deposited an additional $148.48 million in stablecoins from its PUMP ICO sales into Kraken. A tidy gesture, as if coins were autumn leaves finding a sturdy bank by the river. 🍁

Since the 15th of October, the platform has transferred a total of $844.8 million in stablecoins to Kraken. Over the same period, $1.35 billion in USDC has flowed from Kraken to Circle. The river of finance continues to move, sometimes with the grace of a miscalculated waltz. 💧💃

These continued transfers to exchanges hint at treasury choreography and fiat off-ramping mechanics. The liquidity bridge hums, and Circle stands as the settlement endpoint-like a patient conductor guiding a symphony of memes toward real liquidity. 🎻

In prior acts, Pumpfun has sold some funds and used most of the proceeds to provide liquidity. For now, the troupe has not yet cashed out any of the funds moved; the curtain lingers. If they end up sold, their impact on the market could tilt from neutral to negative, nudging prices downward with a mischievous sigh. 😏

PUMP holds firm!

Interestingly, despite the torrent of deposits into exchanges, PUMP has not suffered a blow to its mood. On the contrary, the altcoin seems to have found a rhythm and a faint spark of recovery after the market’s gray spell. 🎭

PUMP faced rejection at $0.0027 a week ago and retraced to a low of $0.0020. Yet the coin found stubborn shelter at this level, closing with a higher high for four consecutive days, peaking at $0.0026. A small triumph, perhaps, but a triumph nonetheless. ✨

At press time, PUMP traded at $0.0025, up 5.8% on the daily charts. Trading Volume rose 35% to $243 million, signaling a revival in on-chain activity and a rising bullish mood. 🚀

The RSI has climbed from 49 to 56, moving into the bullish zone. Buyers have stepped in, gently pushing sellers aside with a smile. The Stochastic Momentum Index makes a bullish crossover at 21, a small chorus line in the dance of momentum. Such moves often hint that the melody may continue. 🎶

If sentiment remains supportive, PUMP is likely to retest the $0.0027 resistance and aim for $0.003. However, if concerns arise from recent Pump.fun exchange deposits, the token could retreat toward $0.0020-a careful bow before the next act. 🧭

Final Thoughts

  • Pump.fun deposits $148.48 million in stablecoins obtained from PUMP ICO sales into Kraken.
  • PUMP successfully held $0.0020 support and surged 5.8% to a local high of $0.0026 before retracing to $0.0025 at press time.

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2026-01-13 19:02