【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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WhaleMinion
· 5h ago
Damn, $250 million directly invested in buybacks? This move is no joke.
The circulating supply has shrunk by 20%, and holders are indeed benefiting, but I want to know how long this can last.
Is Pump.fun really doing something, or is this just another prelude to another round of rug pulls?
Continuous buying sounds great, but the question is, does the team still have money left?
In the SOL ecosystem projects, this kind of deflationary approach is indeed aggressive, but the actual effect depends on how things develop later.
If this operation can truly continue, then it's really impressive.
19.449% is a bit outrageous, did they really just throw that much in?
With buybacks, you need to be careful not to end up cutting your own throat.
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SerumSquirrel
· 01-18 13:20
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
· 01-18 13:01
This move has some real skill; $250 million was just thrown in like that.
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SelfMadeRuggee
· 01-18 13:01
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.