PUMP circulating supply shrinks as Pump.fun’s total buybacks surpass $58M
The post PUMP circulating supply shrinks as Pump.fun’s total buybacks surpass $58M appeared on BitcoinEthereumNews.com.
The Launchpad bought PUMP worth $10.6M last week. fun has spent more than $58M to repurchase the native token. The program has reduced the PUMP circulating supply by 4.26%. The Solana-based meme trading and creation platform is once again in the spotlight, this time with its significant buyback program. Pump.fun has announced that it used $10,657,503 to buy PUMP between August 20 and 26. over the past week, pump fun purchased $10,657,503 in $PUMP tokens, which equates to 99.32% of total revenue for that period (Aug 20-Aug 26) to date, pump fun has purchased a total of $58,134,191 of $PUMP tokens, offsetting 4.261% of the circulating supply pic.twitter.com/YIsGH4Jr95 — pump.fun (@pumpdotfun) August 27, 2025 The number made headlines as it represents 99.32% of the total revenue the network yielded in that timeframe. The move reflects Pump.fun’s dedication to strengthening PUMP’s tokenomics through steady investment. That’s vital, especially since the platform lost its key investors after massive exits. Last week’s over $10 million buyback reinforces investor confidence in the team’s long-term vision while injecting new demand into the altcoin. Pump.fun buybacks top $58 million The meme generator launched its buyback program in mid-July with plans to reinvest all platform revenue into native PUMP. Pump.fun has accumulated tokens worth over $58 million since introducing the initiative. The team said: To date, Pump.fun has purchased a total of $58,134,191 million PUMP tokens, offsetting 4.261% of the circulating supply. That’s a substantial milestone that places the project among the top networks known for direct asset purchases. Meanwhile, the impact of the Pump.fun’s buyback is notable. The project has trimmed the PUMP circulating supply by 4.261%. Sustained supply reduction could have bullish effects as it translates to scarcity and increased demand. What does it mean for holders? Buybacks often indicate confidence and trust from the…
