The significant price change in October 2024, with a 470% surge in a week, can be attributed to the market response to Justin Sun's SunPump launch. This launch likely created hype and investor interest, leading to increased demand for SUN tokens.

Additionally, events such as buyback and burning activities can also impact the token's price by influencing its circulating supply.

Overall, such price fluctuations are common in the cryptocurrency market and can be driven by a combination of factors including market sentiment, project developments, and external announcements. $SUN