Analysis: Pump.fun May Double if It Holds Current Support Through Pullback

A bullish outlook has emerged for Pump.fun, a Solana-based memecoin protocol.

Digital-asset analyst Ali Martinez wrote on X on August 8 that if Pump.fun holds its current price range, the latest pullback could help it regain upward momentum. In that case, the token could rise to $0.0046.

That suggests Pump.fun's price could roughly double over the longer term. As of 5:40 p.m., the token was trading at $0.002302, up 0.46% from a day earlier, according to CoinMarketCap.