Markets· ★★★· bullish·

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