Is September the Turning Point for Pump.fun and Its PUMP Token？

September has been a notable month so far for Pump.fun and its native token, PUMP. The platform recorded significant milestones, and the token reached a record peak.

The strong performance has fueled optimism among investors, many of whom are projecting higher valuations for PUMP as momentum across the ecosystem accelerates.

September Turns Bullish for Pump.fun and PUMP Token

Pump.fun, a prominent meme coin launchpad, has recently returned to the spotlight after a period of mixed performance. In July, BeInCrypto reported that LetsBonk had overtaken Pump.fun, capturing the bulk of market activity.

That trend reversed in August, and momentum has shifted decisively back in Pump.funs favor. The platform is now recording some of its strongest metrics.

In a recent post on X (formerly Twitter), a crypto trader noted that Pump.funs 24-hour revenue climbed to $3.12 million. This marked its highest level since February.

The trader emphasized that this figure also surpassed Hyperliquid (HYPE), even though HYPE‘s fully diluted valuation (FDV) stands at $54 billion — seven times higher than PUMP’s $8 billion FDV.

Pump.fun Daily Revenue. Source: X/nobrainflip

The revenue surge has been reinforced by strong creator activity. Data from Dune revealed that the number of creators and their earnings on Pump.fun have also increased sharply.

“Huge spike in amount of token creators on pumpfun. Amount of token creators always precedes trading volume which will result into higher revenue. Expect higher revenue in the coming days,” Crypto Kaduna added.

Pump.fun Creator Growth. Source: Dune

Meanwhile, the PUMP token also benefits from the platforms increased visibility and positive measures. An analyst observed that the platform has been reportedly repurchasing $2 million worth of tokens for the past week.

This initiative aims to reduce circulating supply and potentially increase token value. This strategy appears to be working. PUMP has rebounded 137% in the past month, reflecting a significant boost in market confidence.

In fact, the altcoin even surged to an all-time high over the weekend amid this bullish rally.

“Wouldnt surprise me at all if PUMP breaks into the top 20 this cycle at this rate,” the user added.

The attention around PUMP is further evidenced by its growing mindshare. The altcoin now commands greater influence across the crypto community than Bitcoin (BTC) and Ethereum (ETH) combined.

$PUMP is now the top ranking project in mindshare.

Amid this, market watchers remain optimistic about PUMPs prospects. James Wynn, a trader known for high-risk, high-leverage trades, predicted that the token could climb into the top 10 cryptocurrencies during this cycle.

In addition, Wynn anticipates PUMP potentially reaching a $100 billion market capitalization. Given its current valuation of around $2.7 billion, this would imply a 37-fold increase.

$PUMP showed who's boss here

– The most popular token of the cycle. Huge attention

– CCM meta is turning people's minds upside down. More and more big names are coming into the industry thanks to the new Pumpfun rewards program

– Huge returns and a new trend of buying back your

Thus, the projections paint a bullish picture for PUMP. Strong revenue growth, surging creator activity, and token buybacks have combined to drive confidence and momentum. The coming weeks will be pivotal in determining whether PUMP can sustain its rally and climb the crypto rankings.

The post Is September the Turning Point for Pump.fun and Its PUMP Token？ appeared first on BeInCrypto.