Pump.Fun Soars: Inside the Token’s Explosive Rally

Pump.fun has become a crypto sensation, experiencing a dramatic price surge that has landed it among the top gainers in the market. This explosive rise is attributed to the token’s aggressive buyback program and strong market traction. The project has been actively buying back its own tokens daily, scooping up over $1 million worth of PUMP since August. This remarkable commitment, coupled with a massive cash reserve of over $2 billion, is fueling the price rally. 80% of that cash will be used for creator growth and marketing.