The launch of Pump.Fun’s native token, PUMP, has been relatively uneventful so far, with the price ranging between $0.0054 and $0.0068, a 20% variation. It appears to be on the verge of a significant breakout, leading many to wonder if PUMP is the best new crypto.
After raising $600 million in less than 12 minutes during its presale, PUMP launched on Monday (July 14) and has had detractors from day one, primarily due to Pump.fun users not being eligible for an airdrop.
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Is PUMP The Best New Crypto? $0.01 Could Be Next
PUMP has entered the market with a $2 billion valuation, instantly ranking it among the top 60 cryptocurrencies by market cap. There has been considerable negativity surrounding the launch, primarily due to the absence of an airdrop for Pump users.fun platform.
This drama hasn’t dampened the token launch, however, with PUMP hitting over $1 billion in daily trading volume in the two full days since launch, highlighting the appetite for the token.
Over the past 24 hours, PUMP has climbed 22% to around $0.0066, just 3.2% away from its all-time high of $0.0068 from earlier today. It appears poised for an explosive breakout after establishing itself on the market over the past 48 hours.
As long as PUMP holds above $0.005, it should, in turn, build a strong support level between $0.005 and $0.006, making a drop below ICO levels difficult.
Traders are now eyeing $0.01 as the next short-term target for PUMP to flip. Although it is too early for legitimate technical analysis to be applied to the chart, the fundamentals are pointing toward a significant move to the upside.
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$2 Billion Pump.fun Treasury Could Be Used To Send PUMP To The Moon
The Pump.fun team is known to have a liquid treasury of over $2 billion, and it appears that they have initiated buybacks of the PUMP token on the open market, which could be a contributing factor to the 20%+ overnight move.
Many in the community are speculating that the team’s buybacks of PUMP are part of a plan for an airdrop down the line, once the token is trading at a much higher price. However, there has been no official confirmation from the PUMP team on the buybacks nor any potential airdrop.
With the resources held by Pump.fun team, and a consistent revenue stream from its launchpad and DEX products, the question of what is the best new crypto right now has to be PUMP.
There are strong comparisons with the PENGU token launch and how it was ridiculed at launch, dropping 90% in price before it began an unprecedented rally back toward its launch price of $0.027. PENGU is now trading above $0.03 and is one of the strongest cryptocurrencies on the market at present.
However, many PUMP holders are hoping that the token doesn’t have to experience a 90% drop before beginning a parabolic run. The resources held by the Pump.fun team, compared to the Pudgy Penguins (PENGU) team, is vastly superior, and with buybacks already beginning for PUMP, there is hope that the price will be propped up.
$pump buybacks live?? pic.twitter.com/cqaFeY7WIe
— Stat (@Statius10kx) July 15, 2025
BONUS: TOKEN6900 Could Be The Best New Crypto This Summer After Hitting $500,000 In Presale Investment
While Pump.fun landed $600 million in presale funding and launched its PUMP token at a multi-billion-dollar valuation, TOKEN6900 (T6900) has quietly launched its presale for its hilarious meme coin and already raised $500,000, with a hard cap of $5 million.
This means that once $5 million in funding is reached, the presale will conclude and the token will be released to the open market. The hard cap of $5 million means that T6900 will launch with a minuscule market cap, giving investors a better chance at achieving a 100x return compared to launching at an overly inflated valuation and reaping little gain.
There is no utility for the T6900 meme coin – no promises, no roadmap, just vibes and memes that could send it to the moon. It follows the playbook of the uber-successful SPX6900 and the original brain rot meme coin, HPOS10 (Bitcoin). Both built cult-like communities, raided every X post with memes, and as a result, saw huge gains.
Already, TOKEN6900 has over 2,000 followers on its X account, quickly growing its community, which can be seen spreading the T6900 meme under many high-profile crypto-related tweets across the platform.
Less than 2 hours remain on the presale website timer, and once that timer hits zero, the price of T6900 will increase from $0.006575 to a higher level, making this the last chance to secure the best new crypto at these low prices.
To get started, head to the TOKEN6900 presale site. Connect a wallet to purchase T6900 with crypto, or even buy with a credit card. Best Wallet gets the vibe – it’s already added TOKEN6900 to its Upcoming Tokens section, which gives early access to launches and displays your T6900 balance right in the app.
Download Best Wallet now on Google Play or the Apple App Store.
TOKEN6900 also offers a staking rewards pool, with a juicy 101% APY available for those looking to maximize their T6900 stack.
Join the community on X or Instagram and immerse yourself in the memes and vibes.
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