Pump.fun’s PUMP token records its first golden cross while seven-day revenue reaches a seven-month high of $11.52 million.
PUMP, the token for Pump.fun, has seen its 50-day exponential moving average cross above its 200-day EMA for the first time since its 2025 launch. The move, known as a golden cross, follows a rebound from a July low of $0.001491 to near $0.002733 on Monday.
The token’s fundamentals have improved, with seven-day revenue hitting $11.52 million, the highest since February. Annualized revenue now stands at $458 million against a $1.09 billion market cap, outpacing protocols like Hyperliquid despite its smaller valuation.
BTC and ETH showed modest gains, with BTC up 1% at $64.2k, while bond yields paused a broader stock rally.