Pump.fun 7 months buyback of $222 million PUMP, circulating supply has shrunk by 16%

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【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.

PUMP-0.7%
SOL-0.32%
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CommunityWorkervip
· 8h ago
$222 million buyback, circulation reduced by 16%. This move is really playing chess. Buyback and burn—basically a way to scoop up funds... The data looks good, but who truly benefits remains to be seen. How long can this PUMP last? The key is whether subsequent growth can keep up.
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DefiPlaybookvip
· 8h ago
220 million buyback reduces circulating supply by 16%. This method indeed fights inflation, but the key is whether the tokens are actually burned. Otherwise, it's just playing a numbers game with oneself.
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MEVHunterWangvip
· 8h ago
$222 million worth of tokens have been cut by 16% in circulation, this move is really aggressive. --- Buybacks are essentially market support; don't be fooled by the talk of scarcity. --- With such a significant reduction in circulation, how will they unload the remaining tokens... --- Continuous buybacks with money, depends on whether they will burn or lock the tokens. --- Wow... a 16% reduction, how many people are trapped? --- Is Pump.fun seriously building an ecosystem or just manipulating data? It's hard to tell. --- Are they preparing for a major event? Mysterious.
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