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PUMP Soars by 7338.96% Over the Past Year as Investor Enthusiasm Grows

PUMP Soars by 7338.96% Over the Past Year as Investor Enthusiasm Grows

Bitget-RWA2025/09/17 16:08
By:CryptoPulse Alert

- PUMP dropped 1.28% in 24 hours to $0.007821 but surged 7338.96% in 12 months, attracting retail and institutional investors. - Market sentiment shifts and speculative trading drive momentum, with technical indicators suggesting continued upward trends despite short-term volatility. - Analysts highlight PUMP's decoupling from macroeconomic factors, emphasizing DeFi growth and algorithmic trading strategies as key drivers. - A 50/200-period moving average crossover strategy is proposed to test whether rece

As of September 17, 2025, PUMP experienced a 1.28% decrease over the previous 24 hours, settling at $0.007821. Despite this brief setback, the token has skyrocketed by 2541.77% over the past week, 7338.96% in the last 30 days, and an impressive 7338.96% year-over-year. This remarkable growth has once again put PUMP in the spotlight among retail and institutional investors, underlining its highly volatile nature and the possibility of significant price fluctuations.

The current surge seems to be fueled by changes in market sentiment and speculative trading activity. Although the recent daily drop has introduced some uncertainty in the short term, the overall performance across the past week and longer periods demonstrates persistent bullish momentum. More investors are beginning to regard PUMP as a high-risk, high-reward opportunity, with some market experts linking its climb to increased participation and the expansion of decentralized finance (DeFi) platforms that support the token.

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Technical analysis points to a likely continuation of the upward movement, though investors should remain wary of short-term price swings. PUMP has recently surpassed important resistance points, which could pave the way for further advances if this trend persists. Still, the 1.28% drop within the last day has sparked discussion among traders about whether the token is merely consolidating or undergoing a brief correction before another rally. Market analysts believe that if PUMP can hold above the $0.007821 threshold, it may attract renewed interest from algorithmic and trend-based trading strategies.

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Market participants have shown a divided response. While some investors are cashing out after the rapid gains, others are opening new long positions, anticipating that PUMP will sustain its upward trajectory. The token's price action over the past year has separated itself from conventional market trends, as its valuation seems more influenced by speculative demand and the advancement of the related platforms and ecosystems than by broader economic indicators.

Backtest Hypothesis

One possible approach to analyzing this price movement involves a moving average crossover strategy, which aims to capture both the short-term fluctuations and the prevailing bullish trend. This method would use a 50-day and 200-day moving average on the daily timeframe. When the 50-day average crosses above the 200-day, it signals a potential buy opportunity; conversely, a cross below would suggest a sell. In light of the recent price surge, this system could help determine whether PUMP’s growth has been driven by genuine momentum or just temporary volatility, enabling traders to enter during confirmed uptrends and exit during signs of consolidation or reversal.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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