【Blockchain Rhythm】Pump.fun has played new tricks in the token economy. According to fee tracking data, yesterday this platform spent 8,751 SOL (equivalent to approximately $1.27 million) in a single day to buy back PUMP, reclaiming 431.3 million tokens in one go.
What’s even more noteworthy is the long-term effect—since launching the buyback program in mid-July, Pump.fun has invested about $250 million in continuous buybacks, which directly caused the circulating supply of PUMP to shrink by 19.449%. In other words, each buyback is adding value to the tokens held by investors. This ongoing buy-and-burn strategy is considered a relatively aggressive deflationary approach within the SOL ecosystem projects.
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SerumSquirrel
· 4h ago
This deflation mechanism is truly outrageous. Pouring in $250 million directly reduces the circulating supply by 20%, making holders a huge profit.
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CoinBasedThinking
· 4h ago
This move has some real skill; $250 million was just thrown in like that.
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SelfMadeRuggee
· 4h ago
Hmm... this move is indeed aggressive. A buyback of 250 million dollars? The entire SOL ecosystem has never seen anything this fierce.
Pump.fun continues to repurchase PUMP, with a total investment of $250 million over six months, and the circulating supply has shrunk by nearly 20%.
【Blockchain Rhythm】Pump.fun has played new tricks in the token economy. According to fee tracking data, yesterday this platform spent 8,751 SOL (equivalent to approximately $1.27 million) in a single day to buy back PUMP, reclaiming 431.3 million tokens in one go.
What’s even more noteworthy is the long-term effect—since launching the buyback program in mid-July, Pump.fun has invested about $250 million in continuous buybacks, which directly caused the circulating supply of PUMP to shrink by 19.449%. In other words, each buyback is adding value to the tokens held by investors. This ongoing buy-and-burn strategy is considered a relatively aggressive deflationary approach within the SOL ecosystem projects.