Pump Coin Price Surges After Whale Buys $23.5 Million – What’s Next?

Jakarta, Pintu News – The price of Pump Coin (PUMP) has risen to over $0.0028, indicating a bullish trend on December 2. This rise comes after a market recovery, where a new whale injected $23.5 million into the coin, following the previous market decline.

Pump Coin recorded an increase of around 5% compared to the previous day, which fueled optimism for further potential price increases.

Meanwhile, the general crypto market is still in a consolidation phase after experiencing bearish pressure over the past week. Major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP are showing flat price movements.

Even so, Pump Coin is showing positive momentum. The chart pattern in the last 4 days shows a falling wedge formation, which technically is a common signal of a trend reversal.

Currently, Pump Coin’s price is in the demand zone, and the slightest recovery in price could trigger a sharp spike. Future prospects look promising, with support from whales and institutional investors showing an optimistic attitude. The next price target for this coin is $0.0030.

Whale Accumulation Drives $23.5 Million $PUMP Buyout

A new whale has begun to show its influence in the $PUMP market by making a large investment worth $23.5 million. In the past week, this whale has aggressively accumulated $PUMP tokens, with a series of significant purchases.

Read also: 5 Crypto Soared up to 37% Today, December 3, 2025

The initial purchase was recorded five days ago, followed by several additional purchases in the past 24 hours using a dollar-cost averaging (DCA) strategy, especially when there were price adjustments in the market.

The collected $PUMP tokens were redirected from three major exchanges-Binance, OKX, and Bybit. After being withdrawn from the exchanges, the tokens were first distributed to intermediary wallets, before being consolidated into the whale’s four main wallets.

Overall, the whale has raised about 8.288 million $PUMP tokens, with a total value of about $23.5 million, which were purchased at an average price of $0.00273 per token.

How High Can the Pump Coin Price Go in the Next Few Weeks?

The latest price of Pump Coin ($PUMP) jumped to $0.002829 after experiencing significant gains in the last 24 hours. This surge reflects the increased investor interest and market activity in the coin.

Read also: Solana Price Plunges 55% from Highest Peak – How Much Deeper Will SOL Fall?

If this upward price trend continues, $PUMP could potentially reach $0.003 in the near future. This would be an important milestone that could attract more investors. In fact, if the bullish trend continues consistently, the price could jump to $0.004.

However, the Relative Strength Index (RSI) indicator is currently at 50, indicating that market conditions are still neutral. This means that further price movements could still be upward or downward, depending on external factors or continued market dynamics.

Meanwhile, the MACD (Moving Average Convergence Divergence) indicator is giving a more cautious signal. The blue MACD line has just crossed the orange signal line from below, which could be a sign of bearish divergence or a potential price drop.

If the pressure from the bearish side (sellers) dominates the market again, the price of $PUMP is at risk of falling. In this scenario, the price could drop to $0.0025, which is a strong support level and is likely to be tested as a lower limit.

FAQ

What is Pump Coin (PUMP)?

Pump Coin (PUMP) is a cryptocurrency that has recently caught the attention of major investors and market analysts due to its growth potential.

What is the current price of Pump Coin?

Pump Coin’s current price is just over $0.0028 per token.

Who has bought Pump Coin recently?

A new whale has purchased $23.5 million worth of Pump Coin, showing great confidence in the currency’s potential.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Pump Coin Price Soars as New Whale Accumulates $23.5M Amid Market Dip. Accessed on December 3, 2025