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DeFiance Capital CEO: PUMP has repurchased 11% of the circulating supply, but the Token price is still below the public sale price.
PANews, November 14 news, Arthur Cheong, CEO and Chief Investment Officer of DeFiance Capital, tweeted that PumpFun has repurchased 11% of the circulating supply of PUMP Tokens since its repurchase program started, with an annual repurchase scale expected to reach 400 to 500 million USD. However, despite this, the current price of PUMP is still below its public offering price of 0.004 USD, and the market is still in a "speculative discount" phase for this asset.
PUMP-9.61%
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