Pump.fun’s PUMP token has surged 13% in 24 hours and 39.8% in a week, reaching $0.0053, close to its debut value. The platform has seen recent updates and a partnership with MEXC. It bought back $2.5 million worth of its token on Tuesday, representing over 100% of revenue.

Following Binance.US listing, Pump.fun has regained market share from LetsBonk. Daily revenue has climbed back to highs not seen since May, reaching $2.28 million. The revenue is reinvested into PUMP via a buyback scheme.

Despite PUMP’s rise, ecosystem tokens traded flat overall, with individual tokens experiencing volatility. HYPER climbed 25%, while SPARK dropped 12%. PUMP’s market cap has risen, making it the 79th largest cryptocurrency.

There is speculation about a PUMP airdrop, but predictors believe it’s unlikely to happen by the end of September, with an 84% chance of no airdrop. Users may have to wait longer for any potential airdrop from Pump.fun.

Read more at Yahoo Finance: Pump.fun’s PUMP Token Up Double Digits Following Binance.US Listing