Pump.fun’s $12.2M Buyback Boosts PUMP Token Price and Attracts Market Attention

Pump.fun, a prominent Solana-based meme coin launchpad, recently executed a major buyback program for its native token, PUMP, worth $12.2 million. This initiative has resulted in an 8% increase in the token’s price, generating significant market interest and illustrating Pump.fun’s active role in shaping the memecoin space. 8%, a notable boost that indicates increased investor confidence in the project’s future.