Pump.fun’s weekly PUMP purchases continued as Bitcoin and Ethereum posted modest gains, while the report also noted unchanged April Fed rate expectations and a large HYPE unstaking by Paradigm.
Pump.fun bought about $6.5 million of PUMP in the past seven days, bringing its cumulative purchases to roughly $363 million, or about 34.96% of the token’s circulating supply. The report also said Bitcoin rose 2.22% and Ethereum gained 1.62% among top CEX tokens. In addition, it cited a 100% probability that the Federal Reserve will keep rates unchanged in April and noted that Paradigm unstaked 2.14 million HYPE worth about $88 million.