PUMP eyes $0.0033 on release of creator-focused callout feature

Key takeaways

  • PUMP is up 1.1% in the last 24 hours, outperforming the broader crypto market.
  • The recent rally comes after Pump.fun launched a new callout in the previous feature that lets creators share trending coins on the platform.

Pump.fun’s DEX volume surges as price approaches $0.003

PUMP, the native coin of the Pump.fun DEX is up 1% in the last 24 hours, outperforming the broader crypto market.

The positive performance comes after Pump.fun released a callout feature on Thursday for creators to share listed coins with their followers. This latest development could boost the social interest and trading activity on the platform. 

The release also comes when Pump.fun’s DEX volume is on the rise, hitting $84.34 million a few hours ago. 

In addition to that, derivatives data indicate wavering retail interest in PUMP as capital flow and funding rates see-saw over the last week. According to CoinGlass, PUMP’s Open Interest (OI) is down 2% in the previous 24 hours to $237.69 million, pulled from $250 million twice so far this month.

Furthermore, the OI-weighted funding rate is at -0.0032%, pulling into the negative territory, suggesting that traders are holding more short positions. 

PUMP eyes the $0.0033 psychological level

The PUMP/USD 4H Chart is bullish and efficient as the cryptocurrency has performed excellently since the start of the week. PUMP is trading at $0.0029 after facing rejection in the last two sessions.

The Moving Average Convergence Divergence (MACD) remains above the signal line and in positive territory. The Relative Strength Index (RSI) at 60 rises toward the overbought zone, consistent with this week’s recovery.

PUMP/USD 4H Chart

If the daily candle closes above $0.003000, it would keep the near-term bias supported and push PUMP’s price towards $0.0033. The next major resistance level stands at $0.004048

However, if the bulls fail and PUMP drops below the 20-day EMA at $0.002577, it could dip further towards the $0.002330 support level.

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Belarus establishes rules for ‘crypto banks’: check out the details

  • President Alexander Lukashenko signed Decree No. 19 to set operating rules and market entry conditions.
  • Cryptobanks must become Hi-Tech Park residents and be registered in a central bank-run cryptobank register.
  • The model introduces dual oversight through financial rules and Hi-Tech Park supervisory board decisions.

Belarus is moving digital assets closer to the core of its financial system after introducing a legal framework for “cryptobanks”.

Instead of treating crypto as a separate industry, the country is building a model where token-related services sit inside existing banking structures and are supervised by the state.

On Friday, Belarusian President Alexander Lukashenko signed Decree No. 19, which defines how cryptobanks can operate and what conditions they must meet to enter the market.

The move gives Belarus a regulated route for crypto-linked banking, while tightening the boundaries around who is allowed to provide these services.

What Decree No. 19 allows cryptobanks to do

Under the decree, cryptobanks are defined as joint-stock companies that can combine token-based activity with traditional banking functions.

This includes banking services, payments, and related financial services, but now within a formal legal structure.

Rather than creating a parallel “crypto sector”, Belarus is linking digital asset operations to the same financial oversight mechanisms and infrastructure that already govern mainstream institutions.

That approach signals an effort to keep crypto activity within a controlled and traceable system.

Cryptobanks will not be open to every player. The framework limits participation to firms that agree to operate strictly within the country’s regulatory requirements.

Hi-Tech Park rules are now tied to crypto banking

A key part of the new framework is the Hi-Tech Park, a state-backed technology zone that already plays a major role in Belarus’s digital economy strategy.

Under the decree, a cryptobank must obtain resident status in the Hi-Tech Park before entering the market.

On top of this, cryptobanks must be added to a dedicated register that will be maintained by the country’s central bank.

This structure effectively places market access behind formal approvals, ensuring the state can monitor who is active and under what rules they are operating.

Cryptobanks face dual oversight and compliance duties

Belarus is applying a layered supervision model to cryptobanks, with requirements that stretch beyond standard financial compliance.

According to the decree, cryptobanks must follow rules applied to non-bank credit and financial institutions.

They also have to implement decisions issued by the Hi-Tech Park’s supervisory board.

This sets up dual oversight that combines financial regulation with technological supervision.

Officials say the approach is designed to support innovative products that mix conventional banking services with token-based transaction efficiencies.

In practical terms, it allows crypto-linked services to be delivered through licensed entities that are already embedded in the formal banking environment.

The new cryptobank rules fit into a longer policy direction where crypto is allowed only within clearly defined and state-approved boundaries.

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Kaito winds down Yaps product after losing access to the X API

  • X’s API ban erased Yaps, removing most of the real token utility of KAITO.
  • Insider wallet transfers before the shutdown intensified sell pressure.
  • KAITO’s price has fallen below key support, leaving the token near all-time lows.

Kaito has officially begun winding down its Yaps product after losing access to the X API, marking a major turning point for the project and its token economy.

The decision follows a recent policy change by X, formerly Twitter, which banned applications that reward users for posting content on the platform.

X cited a surge in AI-generated spam and low-quality engagement as the primary reason for revoking API access from so-called “reward-for-posting” or InfoFi apps.

Why X’s move forced Kaito to pull down Yaps

Yaps was Kaito’s flagship product and the core driver of user engagement across the ecosystem.

The program rewarded users with KAITO tokens for creating and interacting with crypto-related posts on X.

For many participants, Yaps represented the main reason to hold and use the KAITO token.

According to multiple industry estimates, Yaps accounted for roughly 70% of KAITO’s practical token utility.

Hence, the shutdown triggered an immediate and severe demand shock for the token.

Kaito confirmed that the Yaps incentive program and its associated leaderboards would be sunset rather than modified.

The company stated that the product could not operate in compliance with X’s new API restrictions.

This forced exit exposed the risks of building token-driven engagement models on centralized social platforms.

Thousands of users were affected by the move almost overnight.

Data shared by market trackers indicates that approximately 157,000 Yaps-associated accounts were banned or disabled following the policy enforcement.

The sudden loss of users accelerated selling pressure as participants exited positions tied to the discontinued program.

Market reaction and insider trading concerns

The market reaction to the Yaps shutdown was swift and decisive.

KAITO fell 19.5% in a 24-hour period, sharply underperforming the broader crypto market, which declined by just 1.05% over the same timeframe.

The token dropped to around $0.5449, sliding close to its all-time low of $0.4717 recorded in December.

Trading volume surged to over $153 million in 24 hours, representing more than the project’s daily market capitalization turnover.

This spike in volume signaled conviction-driven selling rather than a temporary volatility spike.

Sentiment deteriorated further after allegations of insider trading began circulating within the crypto community.

On-chain analysts flagged a wallet linked to the Kaito team that deposited 5 million KAITO tokens, worth roughly $2.7 million at the time, to Binance.

The transfer occurred approximately seven days before the public announcement of the Yaps shutdown.

This deposit represented nearly 2% of the circulating supply and was the largest exchange inflow for KAITO in the last 90 days.

While no wrongdoing has been proven, the timing raised concerns about information asymmetry.

Retail investors interpreted the move as a potential loss of confidence from insiders.

Trust erosion compounded the downside pressure already created by the loss of token utility.

At the same time, Kaito is attempting to reposition its business model.

The company announced a pivot toward Kaito Studio, a product focused on connecting brands with vetted creators.

Unlike Yaps, the new model emphasizes quality-driven marketing and analytics rather than mass token incentives.

This transition reduces reliance on retail participation but introduces uncertainty around KAITO’s future role.

It remains unclear whether brands will be required to use KAITO as a payment or settlement token.

Without a clearly defined demand loop, token value accrual becomes harder to justify in the near term.

KAITO price analysis and ecosystem transition

From a technical perspective, KAITO confirmed a bearish breakdown.

The price slipped below the key $0.60 support level, which had acted as both a psychological and structural floor.

Momentum indicators have turned decisively negative following the breakdown.

The MACD histogram has flipped bearish while the RSI hovered near 44, suggesting further downside remained possible.

KAITO price analysis
KAITO price chart | Source: TradingView

Algorithmic trading systems also appear to accelerate selling after the $0.60 support was lost.

With limited historical support below current levels, the next major technical target sits near $0.47.

Kaito price forecast

KAITO currently trades at approximately $0.5449 with a market capitalization near $131 million and a fully diluted valuation of approximately $540 million.

The wide gap between circulating and total supply highlights ongoing dilution risk.

In the short term, price action remains fragile as long as KAITO trades below the $0.60 resistance zone.

A failure to hold above $0.50 could open the door to a retest of the $0.47 all-time low.

Any relief rallies are likely to face heavy selling pressure from trapped holders near prior support levels.

A bullish reversal would require a sustained reclaim of $0.60 accompanied by declining sell volume.

Fundamentally, clarity around insider wallet activity and transparent communication from the team are critical.

Longer-term upside depends on whether Kaito Studio can generate real demand that directly involves the KAITO token.

Until that narrative is proven, KAITO is likely to remain volatile and sentiment-driven.

For now, the market appears to be pricing in caution rather than confidence.

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