Can a $1.3M Daily Revenue Make This Meme Coin the Cat’s Meow? 🎩💸

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Key Insights-Or How to Look Prosperous While the Market Sinks

What Makes Pump.fun the Belle of the Crypto Ball? 🕺💃

Despite the ten-day market tantrum that made traders clutch their pearls, Pump.fun, that daring Solana memecoin launchpad, managed to squeeze out some hearty revenues. Who needs bullish charts when you can just print money, huh?

Is PUMP poised for grandeur or just a clown in a tuxedo? 🎭

Oh, the irony! The token’s trends remain as bearish as a cat in a bath. Yet, the revenue figures suggest it’s playing the long game-perhaps a comedy of standing arm-in-arm with despair and wealth?

Last Friday, October 10th, the crypto markets decided to do their best impression of a rollercoaster with no brakes-altcoin market cap cut by close to 13%, and everyone’s nerves frayed like an old pair of socks.

Yet, amidst this chaos, one protocol continued to merrily mint money, proving that perhaps fortunes are made in the punch bowl of calamity.

Behold! Pump.fun (PUMP) raked in an eye-watering $1.31 million on October 20. Meanwhile, its cousin Moonshot could only muster a modest $17.45k. Talk about a big fish in a tiny pond-or a whale in a puddle.

The market’s sluggishness is everywhere; even Pump.fun, with its darling decentralized exchange PumpSwap, only saw a modest uptick-from $5.787 million to $6.073 million in weekly revenue. The DEX sector, however, is limping-revenue slipping from nearly $40 million to just over $30 million. Such a tragedy.

In the grand graduation ceremony of tokens on Solana, Pump.fun took the podium, grabbing a princely 95.45% market share. Once memecoins hit the end of their bonding curve, they graduate-think of it as crypto’s version of finishing high school, with less cap and tassel, more blockchain.

Before March 2025, these talented tokens tiptoed to Raydium DEX, but thanks to PumpSwap’s debut, they now have a new vogue destination. Fancy that! 🎓

Should You Join the PUMP Parade? 🥁

Despite the show-stopping revenues, PUMP’s daily chart looks about as promising as a broken tea kettle-firmly bearish. The resistance zone between $0.0048 and $0.005 is like trying to push a beach ball underwater-challenging and a little sad.

Indicators like OBV and RSI are whispering sweet nothings about sellers still holding the microphone. A bounce beyond $0.0045 could be the beginning of a comeback, but don’t hold your breath-unless it’s neon-colored and blinking.

In all, the cleverest investors will watch for a buyback or some miracle to lift PUMP from its slumber. Or, perhaps, just enjoy the show.

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2025-10-22 11:07