From a pump-and-dump to over 1,000 holders following a successful community takeover (CTO), Study Conviction ($STUDY) has defied the odds.
The token’s market capitalization has now exceeded more than $1 million, months after the project had been declared dead.
The $STUDY CTO has built on the core narrative of the project, which began when it appeared at the end of the official pump.fun instructional video. Shortly after its launch, the initial team rugged, effectively killing what had all the ingredients to become a top tier narrative.
Despite the questionable behavior of the insiders at launch, the narrative was too strong to kill.
$STUDY CTO Brings Token Back To Life with Over 1,000 Holders
The narrative driving $STUDY originated in the official pump.fun instructional video. Initially, there was increased hype around the token once the market took note of its appearance in the video.
Unfortunately, the team behind the original launch had no intention of creating a long-term memecoin. Instead, they wanted to take quick profits, even if it meant the death of a narrative that held huge inherent value.
The initial $STUDY crash was symbolic of a broader issue within the Solana ecosystem. Short-term outlooks combined with constant rotation, meta-chasing, and paper hands have left the trenches in tatters. It appeared that $STUDY was just another victim of these habits.
However, the $STUDY chart is now far from dead. Its market capitalization has surged from around $20k to over $1 million, a blistering rally entirely driven by the CTO.
The community are seemingly “studying conviction”, ignoring the steady stream of rug pulls being launched across the launchpad ecosystem.
$STUDY was there all along, waiting to be discovered in the official pump.fun instructional video. Source: X
What is pump.fun and How Does pump.fun Work in 2025?
The narrative behind $STUDY is directly linked to pump.fun. The token was born out of the platform’s official instructional video and has since grown into a movement that aims to establish a better set of principles for the pump.fun community.
Pump.fun allows anyone to launch a token instantly on Solana using a bonding curve system. Early buyers pay less, and as more tokens are purchased, the price increases until the bonding curve is completed. Once complete, liquidity is automatically added to a decentralized exchange pool, allowing open market trading.
Most tokens on pump.fun fail within hours or even minutes of launch. They often lack any real narrative, and insiders are typically just looking to take quick profits by selling heavily into early hype. This cycle has led to thousands of short-lived, low-quality launches.
Pump.fun also has a native token, $PUMP, which is directly tied to the platform. Pump.fun news often moves $PUMP’s price significantly because of its close link to platform activity.
Can The Latest pump.fun news boost $PUMP?
The $PUMP price action has been stable over the past few weeks. Although it continues to trade below its all-time highs, some recent pump.fun news has given it a welcome boost. The two leading $PUMP news stories providing support for the token relate to buybacks and trading volume on pump.fun.
The number of tokens launched on pump.fun has surged as SOL’s price has also increased. This spike in traffic is generally considered positive for $PUMP, as it signals higher platform usage and potential fee revenue.
A recent pump.fun news announcement of a $175 million $PUMP token buyback program has also added some positivity to sentiment around the token. Large buyback programs are typically seen as a sign of confidence and can help support price stability.
Together, these pump.fun news stories have helped stabilize the $PUMP price well above $1 billion and positioned it for a breakout to over $1.5 billion.
$STUDY Price Surges by 10X as $PUMP News Stabilizes Price Action
The $STUDY CTO has shown the power of community and narrative. The community has turned $STUDY into the ultimate answer to the toxic behavior that has plagued the Solana memecoin market, and the result has been explosive growth from $20k to $1 million in a matter of weeks.
The $STUDY price chart contradicts the general pump.fun journey, which is almost always a short pump followed by a fatal crash. Despite the number of tokens on the platform that have failed to bond and grow into success stories, pump.fun remains an extremely active site where thousands of projects are launched daily.
The recent pump.fun news has helped $PUMP maintain its market capitalization of well over $1 billion, and the community is waiting for more news that could push it back toward its all-time high
Despite $PUMP and $STUDY having very different beginnings and being largely dis-similar in terms of size and marketcap, a connection between the two is seemingly apparent as $STUDY looks to address issues around conviction on Pump.fun – giving the two ecosystems an indirect but definitive bond.
$STUDY CTO Links:
