Mike Dudas
$49.08m in $PUMP buybacks and counting 1.2% of supply offset in a bit over 1 month https://t.co/...
260 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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PUMP.fun token has executed $49.08 million in PUMP buybacks, offsetting 1.2% of its total supply in just over a month. The chart shows PUMP purchases (in SOL) have generally tracked revenue (in SOL) since late July, with purchases sometimes exceeding daily revenue. This aggressive buyback strategy could indicate a commitment to reducing supply and potentially increasing token value.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol