🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
Pump.fun 7 months buyback of $222 million PUMP, circulating supply has shrunk by 16%
【Blockchain Rhythm】Pump.fun’s recent buyback data is quite interesting. On December 28th, the platform spent 7,958.42 SOL (approximately $972,000) to buy back 530.2 million PUMP tokens.
Since launching the buyback program on July 15th this year, Pump.fun has accumulated a total buyback of PUMP tokens worth about $222 million. The effect of this action is quite straightforward—through continuous buybacks, the project has already reduced the total circulating supply by 16.085%.
This strategy is actually quite common. By repurchasing and potentially burning tokens from the market, project teams can effectively manage inflation expectations and enhance the scarcity of existing tokens. For those interested in tokenomics, such data is worth paying attention to—it reflects the project’s attitude towards the value of its ecosystem.