PUMP rose 4.03% in one hour to $0.005238 on September 29, extending its 24-hour advance to 4.32% and lifting its market capitalization to about $2.34 billion, ranking it 48th among crypto assets. The move followed a sharp rally linked to Pump.fun's program of using roughly half of its revenue to buy and burn PUMP, with cumulative buybacks reported above $466 million and nearly 17% of circulating supply removed. Pump.fun generated $15.16 million in seven-day revenue, narrowly surpassing Hyperliquid's $15.06 million, while new token launches increased more than 25,000% in 24 hours. PUMP had reached $0.005366 on September 28 before retreating amid heavier derivatives trading.