Pump.fun token targets $0.0034 as bullish breakout lifts price

The Pump.fun (PUMP) token broke out of an inverse head‑and‑shoulders pattern on the daily chart, prompting analysts to project a move toward $0.0034. At the time of writing the token was trading around $0.00194, up about 1.5 % in the past 24 hours, with a 24‑hour volume of roughly $43 million and a market cap near $773 million.

Pump.fun also announced a new “BOOST Mode” for all newly launched coins on its platform. The feature aims to retain liquidity that is typically lost when tokens migrate, a problem that the network estimates costs over $100 million each year. BOOST Mode will therefore become the default launch mechanism, injecting future liquidity into every bonded token.

Analysts see the recent breakout above the pattern’s neckline as a sign that buyers are regaining control and that further upside toward the $0.0034 target is plausible, provided the support line holds.