US Edition$PUMP Surges over 20% After Team Reportedly Buys Back Nearly 3 Billion Tokens
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18 Articles
$PUMP surges over 20% after team reportedly buys back nearly 3 billion tokens – #CryptoUpdatesGNIT
Key Takeaways Pump.fun transferred $30 million to a buyback address. $PUMP soared on the team’s move, briefly outranking $BONK. Share this article PUMP, the newly launched token from prominent meme coin launchpad Pump.fun, has surged over 20% in the past 10 hours amid reports of a team-led buyback. The rally briefly pushed PUMP’s market capitalization to $2.4 billion, overtaking BONK. However, as of the time of writing, BONK has regained its le…
$PUMP surges over 20% after team reportedly buys back nearly 3 billion tokens - Invest In Crypto News
Key Takeaways Pump.fun transferred $30 million to a buyback address. $PUMP soared on the team’s move, briefly outranking $BONK. Share this article PUMP, the newly launched token from prominent meme coin launchpad Pump.fun, has surged over 20% in the past 10 hours amid reports of a team-led buyback. The rally briefly pushed PUMP’s market capitalization to $2.4 billion, overtaking BONK. However, as of the time of writing, BONK has regained its le…
Pumpfun Unveils $19M Buyback, Sending $PUMP Token Soaring
Pumpfun has announced it will purchase its native token, $PUMP, using profits it made during its launch. The on-chain data indicates that yesterday, approximately 187,770 SOL, or about $31.3 million, were transferred to a special buyback wallet. Pumpfun has started a multimillion-dollar buyback of its $PUMP token using platform revenue.Onchain data shows 187,770 $SOL (~$31.3M) was moved to a buyback wallet.So far, about 118,351 SOL ($19.3M) has…
PUMP Token Hits All-Time High As Pump.fun Begins Buyback, Next Crypto Presales To Explode
The newly launched Pump.fun coin, the native cryptocurrency of the Pump.fun meme coin launchpad, has hit the ground running after launching on 12 July. Its price has just hit a new all-time high (ATH) of $0.006812, buoyed by the team initiating a new buyback program. On-chain data shows that Pump.fun has sent $16 million worth of $SOL to the project’s buyback address to start purchasing $PUMP from the open market. LATEST: @pumpdotfun has trans…
The platform dedicated to the memecoins Pump.fun has recently covered the chronicle with the launch of its PUMP token. A very popular operation, moving to the next stage with an already estimated buyback procedure of 20 million dollars. The article Pump.fun massively buys its PUMP tokens - Towards a price rise ? appeared first on Cryptoast.
Pump.fun has purchased nearly 3 billion tokens from PUMP on the secondary market, for an estimated $20 million, financed by its fee revenue. According to Delphi Digital, up to 25% of revenues could be dedicated to daily buybacks, generating an estimated $370,000 per day purchase pressure on the token. This buyback mechanism has made the price of the token jump by +17%, in a context of growing rivalry with LetsBonk and the imminent arrival of Bin…
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