Pump.fun Repurchases Over $28M in PUMP Tokens, Reducing Circulating Supply by 22.98%

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Pump.fun repurchases over $28M in PUMP tokens, marking a major on-chain news event. On February 7, the platform spent 15,052.99 SOL ($1.318M) to buy back 632.9 million tokens. Since July 15, Pump.fun has spent a total of $28.2 million, reducing the circulating supply by 22.979%. This move is part of ongoing crypto news developments tracking token buybacks and supply adjustments.

BlockBeats News, on February 8, according to fees.pump.fun data, Pump.fun spent 15,052.99 SOL (approximately $1.318 million) to repurchase 632.9 million PUMP tokens yesterday.


Since repurchasing PUMP on July 15, a total of approximately $28.2 million worth of PUMP tokens have been repurchased, reducing the total circulating supply by 22.979%.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.