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$PUMP PUMP Surged 15% to $BTC 0.00245, Short Squeeze Drives the Rally The meme coin PUMP surged 15% today, currently at $BTC 0.00245. The main reason remains the short squeeze – after a large-scale unlock, only 4% of the tokens actually went to exchanges, the expected sell-off failed, forcing short sellers to close their positions, pushing the price up. The ongoing buying and burning of Pump.fun tokens provides deflationary support, but this rise is more sentiment-driven than based on fundamental changes. Watch short position changes closely. Be cautious chasing high prices. #EarningsRealityCheck #SpaceXBeatEstimates #AMDBeatsButDrops