Close Menu
BlockLifeNewsBlockLifeNews
    What's Hot

    India and the U.S. Lead Global Crypto Adoption in 2025 as Stablecoin Volume Hit $4 Trillion

    36 seconds ago

    On-chain dollars hit 2.3% of global payments: Why Bitcoiners should care

    25 minutes ago

    Quantum Threat to Bitcoin Grows as Google Reveals Latest Breakthrough

    29 minutes ago
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Login
    BlockLifeNewsBlockLifeNews
    Market Data
    Subscribe
    Thursday, October 23
    • Home
    • News
      • Bitcoin
      • Ethereum
      • Altcoin
      • Meme Coins
    • DeFi
    • Blockchain
    • Analysis
    • NFTs
    • AI
    • Finance
    • GameFi
    • Mining
    • Trading
    • Learn
    BlockLifeNewsBlockLifeNews
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • Blockchain
    • Analysis
    • AI
    • DeFi
    • Finance
    • GameFi
    • Meme Coins
    • Mining
    • NFTs
    • Trading
    • Learn
    Home»Meme Coins
    Meme Coins

    PUMP circulating supply shrinks as Pump.fun’s total buybacks surpass $58M

    News RoomBy News Room2 weeks agoNo Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram WhatsApp Threads Copy Link Email

    Listen to the article

    0:00
    0:00

    Key Takeaways

    🌐 Translate Article

    Translating...

    📖 Read Along

    💬 AI Assistant

    🤖
    Hi! I'm here to help you understand this article. Ask me anything about the content!

    • 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 project’s team.

    For Pump.fun, the strategy has two key impacts.

    Firstly, weekly purchases will bolster demand for the native coin.

    Also, removing a massive supply will trim supply, which could ensure price stability and growth in the coming times.

    Such mechanisms attract experienced investors since they position the alt as an asset with stable demand, not hype.

    Sentiment and market response

    Cryptocurrency enthusiasts are always quick to discover massive buybacks, and it was the same for Pump.fun.

    While the latest $58 million milestone confirms the launchpad’s strength, the comment sector appeared dissatisfied.

    Most people focused on the upcoming airdrop, which the PUMP team confirmed will not happen soon.

    Also, skeptics caution that the platform might not sustain such buybacks as they rely on consistent revenue generation.

    Pump.fun should ensure continued growth for steady fund flows for the repurchase strategy.

    Meanwhile, one X user remained optimistic, stating:

    Consistent offsets like this tighten supply and make every new demand spike more impactful.

    PUMP price outlook

    The native token has failed to recover from its initial sell-off.

    PUMP changes hands at $0.01557 after losing 28% and 40% in the past month and week.

    Technical indicators demonstrate PUMP’s near-term weakness, exacerbated by the ongoing broader market bloodbath.

    The meme cryptocurrency hovers well below the 50 and 100-EMAs on the 3H timeframe.

    Also, the MACD signals dominant selling pressure with a bold crossover and red histograms.

    The RSI at 10 confirmed faded momentum, but the oversold signals hint at possible reversals.

    The team should elevate the project’s appeal among investors and traders to enhance sentiment.

    While buybacks are bullish, steady demand from the community is essential for a full impact.


    Share this article

    Categories

    Tags


    Read the author’s full story here
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    News Room
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    News Room is the editorial team behind BlockedCubed, delivering timely news and insights on cryptocurrency, blockchain, and digital finance. Dedicated to clarity and accuracy, the team covers global trends shaping the future of crypto.

    Keep Reading

    Meme coin news: FLOKI price dips 17%, SHIB’s 270M outflows signal investor confidence

    PUMP holders sell at a loss as Pump.fun founder confirms airdrop won’t happen soon

    FARTCOIN price dips 20% as top whale takes profit

    Solana DEX volume dips 20% after co-founder slams meme coins

    Meme coin news: BONK’s $115M deal, LEASH supply twist, FARTCOIN plunges

    FLOKI doubles Valhalla tournament prize pool to $150K ahead of September launch

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    On-chain dollars hit 2.3% of global payments: Why Bitcoiners should care

    25 minutes ago

    Quantum Threat to Bitcoin Grows as Google Reveals Latest Breakthrough

    29 minutes ago

    Citadel CEO holds 4.5% stake in Solana treasury DeFi Dev Corp

    50 minutes ago

    ZK Technology Timeline Reveals Major Milestones

    56 minutes ago

    Latest Articles

    Crypto Exchange KuCoin Launches Mining Pool for Dogecoin, Litecoin and Soon Bitcoin

    57 minutes ago

    Privacy Coins to Digital Treasuries: How Key Crypto Narratives Faded in October

    1 hour ago

    BNB Dips as Robinhood, Coinbase List Coin Following Record Surge

    1 hour ago

    Daily Newsletter

    Get the latest crypto news and updates directly to your inbox.

    Blocklifenews Logo
    Facebook X (Twitter) TikTok Instagram LinkedIn

    News

    • Bitcoin
    • Ethereum
    • Altcoin
    • Meme Coins
    • DeFi
    • Blockchain
    • NFTs

    Quick Links

    • Analysis
    • Trading
    • Learn
    • Market Data
    • Price Prediction
    • Newsletter

    Company

    • About us
    • Privacy Policy
    • Cookies Policy
    • Terms of use
    • Our Authors
    • Advertise
    • Press Release

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blocklifenews. All Rights Reserved.

    • Privacy Policy
    • Terms
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?