by: xpoolPosted on:

Pump.fun’s Aggressive Buyback Drives $PUMP Token Price High

Pump.fun, the dominant memecoin launchpad on Solana (SOL), has ignited a buying frenzy for its native token, PUMP, through aggressive buyback programs. In just two weeks, they have purchased an impressive $58.7 million worth of tokens, contributing to a significant decrease in supply and a subsequent price surge. This move comes alongside the recent announcement of a new buyback initiative that will further stabilize the market. 💰 📈

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