Gate News Bot Message, December 31st, according to CoinMarketCap data, as of press time, PUMP (Pump.fun) is currently priced at $0.00189112, up 5.68% in the past 24 hours, with a high of $0.00192394 and a low of $0.00172645. The 24-hour trading volume reached $62.1 million. The current market capitalization is approximately $669 million, an increase of $36 million from yesterday. Pump.fun is a fair launch platform on the Solana blockchain that allows anyone to create tokens. All tokens created on the platform adopt a fair launch model, meaning all participants have equal rights to buy and sell at the time of the token’s initial creation. Users can select their preferred tokens, purchase on the bonding curve, and at any time in the future.

The current market is in a wide-range oscillation zone at the daily and weekly levels. Without significant news catalysts, the short-term trend will continue to fluctuate around key support and resistance levels.