
Pump.fun's PUMP Jumps Nearly 10% on $463M Buyback Program
- —PUMP gained nearly 10% in a day on the buyback program
- —$463 million spent on buybacks; 168 billion PUMP burned
- —Burned tokens equal almost 17% of the original supply
- —Pump.fun revenue year-to-date is about $322 million
Why it matters: Shrinking supply alongside strong revenue supports PUMP's price, though the rally looks stretched with RSI at 67.2.
Source: BTC-ECHO