Featured News Headlines
PUMP Token Hits New High as Pump.fun Buys Back 6.5% Supply
Pump.fun, the meme coin platform behind the $PUMP token, has been steadily executing one of the most consistent buyback strategies in the current crypto market.
Nearly $95M in PUMP Repurchased Since July
According to on-chain data, Pump.fun has repurchased nearly $95 million worth of PUMP tokens since it began its daily buyback program on July 15, 2025. This includes its most recent purchase of 253.8 million PUMP on the same day the token reached a new all-time high of $0.0088. The tokens were acquired at $0.008 per unit, bringing the transaction’s value to roughly $2.05 million.
The project’s initial buyback remains the largest, with 2.4 billion tokens acquired on day one.
Over 6.5% of Circulating Supply Removed
To date, the platform has bought back more than 23.1 billion PUMP tokens, which represents about 6.58% of the total circulating supply of 1 trillion PUMP.
According to Pump.fun:
“Pump.fun currently expects to use substantially all net revenue for strategic investments… The $PUMP token does not represent a right to revenues or any other distribution.”
The repurchases are funded through revenue generated by Pump.fun’s meme coin launchpad. The primary aim appears to be reducing sell pressure and supporting price stability.
Price Action and Technical Outlook
After a 150%+ surge, PUMP reached a new high on September 14, followed by a brief consolidation phase. The price now trades about 10% below its peak, signaling a cooling-off period.
The RSI, which spiked into overbought territory during the rally, has since returned to a neutral 48–53 range, suggesting that while momentum has eased, no strong bearish reversal has occurred.
