BTCC / BTCC Square / Global Cryptocurrency /
Pump.fun Allocates $95 Million to Token Buybacks, Amasses 6.58% of Circulating Supply

Pump.fun Allocates $95 Million to Token Buybacks, Amasses 6.58% of Circulating Supply

Published:
2025-09-15 11:45:02
11
1
BTCCSquare news:

Pump.fun has deployed nearly $95 million of platform revenue to repurchase its native PUMP tokens, accumulating 6.582% of the circulating supply. The aggressive buyback strategy, initiated on July 15, 2025, has continued unabated despite price fluctuations, with the largest single purchase totaling 2.4 billion PUMP.

The meme coin platform's latest acquisition of 253.8 million tokens coincided with PUMP reaching an all-time high, signaling sustained demand. On-chain data reveals the project consistently executes daily buybacks, absorbing sell pressure while reducing market liquidity. Pump.fun's treasury now holds a strategic reserve valued at approximately $2.05 million based on recent purchase prices of $0.008 per token.

Market observers note the buyback program's mechanical demand creation contrasts with traditional meme coin volatility. With 1 trillion PUMP in circulation, the project's growing treasury position could provide stabilization mechanisms during market downturns. The initiative mirrors corporate share repurchase strategies, adapted for decentralized finance dynamics.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users