“Pump Fun, a meme coin launchpad, has spent nearly $95 million in platform revenue to buy back its native PUMP token since July 15th, 2025. This buyback strategy has been consistent, with the project now owning about 6.58% of the total circulating supply of 1 trillion P tokens. The goal of this aggressive buyback program is to stabilize the token’s price and reduce selling pressure. The strategy appears to be working; the token recently hit a new all-time high of $0.0088. While the token’s price has since pulled back slightly, its momentum remains strong.”
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