TLDR
- PUMP dropped 12.5% in 24 hours to $0.004002, with market cap at $1.659B
- Price broke out of a rising channel on the 4-hour chart, with RSI falling to 40.60
- Over $5.42M in liquidations in 24 hours, with longs taking the hardest hit
- Pump.fun launched 20 new token pairs tied to stocks and other assets on Solana
- The mobile app has been removed from the U.S. and Indian iOS App Stores temporarily
Pump.fun’s PUMP token fell 12.5% in the last 24 hours, dropping to $0.004002. The price ranged between $0.003977 and $0.004821 during that window. Market cap currently sits at $1.659B.
The platform launched in 2024 on Solana as a place to create and trade meme tokens. It has grown into one of the most-used token launch platforms in crypto and now ranks #52 by market cap.
Trading volume over the last 24 hours hit $389.33M. Binance led exchange activity with $414.68M in volume, followed by OKX at $225.64M and Hyperliquid at $210.97M.
Liquidation data from CoinGlass shows $5.42M wiped out in 24 hours. Longs accounted for $4.20M of that, while shorts took $1.22M. The bulk of those long liquidations came in the 12-hour window, totaling $3.89M.
Channel Breakdown on the Chart
On the 4-hour PUMP/USDT chart, price had been climbing inside an ascending channel for over a week. That structure broke down, with PUMP sliding below the channel and moving toward the support zone beneath it.
RSI has dropped to 40.60, below its moving average of 52.80. That reading confirms momentum has shifted away from the earlier uptrend.
Crypto analyst posted a bearish warning on X, noting that the bullish trendline supporting PUMP for nearly two months has now broken. The analyst highlighted the key support zone as the level to watch, warning that a confirmed breakdown could open the door to a much deeper correction.
⚠️ $PUMP BEARISH WARNING
After that crazy rally, PUMP may finally be running out of steam.
The bullish trendline that supported price for nearly 2 months has now been broken. 📉
Price is currently testing the key support zone, and if that level breaks, the downside could… pic.twitter.com/4hWZ9mxqIU
— 𝙈𝙧 𝘽𝙪𝙡𝙡𝙞𝙨𝙝 🚀 (@MrBullish) September 11, 2026
If buyers step in at current levels, PUMP could bounce toward $0.004638. Clearing that opens the path to $0.004944, with $0.005231 above that if the move continues.
If support fails, $0.003902 is the next level to watch. Below that, $0.003612 and $0.003357 come into play.
New Features and App Removal
Pump.fun rolled out 20 new token pairs this week, letting users launch tokens paired against tokenized stocks, metals, and major cryptocurrencies. Half the revenue from these pairs will go toward buying back and burning $PUMP tokens.
🚨ALERT: Pump .fun’s mobile app has been DELISTED from the U.S. and Indian iOS App Stores.
The team says the removal is temporary and expects the app to return soon.
No clear reason has been given for the removal yet. pic.twitter.com/1yoN0UVb3o
— Coin Bureau (@coinbureau) September 11, 2026
The Pump.fun mobile app has been removed from the U.S. and Indian iOS App Stores. The team says the removal is temporary and expects the app to return soon. No reason has been given for the delisting.
PUMP’s fully diluted valuation stands at $3.341B, with a total value locked of $326.497M and a max supply of 1 trillion tokens.
