Pump.fun leadership performed a $131 million buyback of PUMP tokens, effectively reducing the circulating supply by 8.127%. This effort, started on July 15, seeks to enhance PUMP’s price dynamics and liquidity within the Solana ecosystem.
Currently priced at $0.01, PUMP boasts a market cap of about 2,199,685,066 USD. Trading activity suggests strong investor interest, yet community feedback remains varied, indicating potential concerns for future price stability.
Leave a Reply