Pump.fun buybacks fuel PUMP token revival amid broader crypto downturn

PUMP token increased by 17% despite market struggles. The price stands at 0.0035 USD, a 40% rise from the previous month, marking a recovery from its sharp decline post-launch.

Buybacks have injected 59 million USD into the market, supporting current holders by lowering circulating supply and enhancing token stability.

Autumn historically favors digital assets, suggesting potential for PUMP’s growth, although the broader market remains under pressure with Bitcoin trading at 108,500 USD.

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