Pump Fun Acquires Massive $10.7 Million Worth of PUMP Tokens in August

Recently, Pump Fun made a significant move in the cryptocurrency market by purchasing $10.65 million worth of its own PUMP tokens between August 20th and 26th. This purchase accounted for nearly all of the company’s revenue generated during that period – a substantial proportion reaching 99.32% of total revenue. Pump Fun has now accumulated a total of $58.1 million worth of PUMP tokens, effectively decreasing the circulating supply by 4.261%.