🚀 $PUMP .fun Kicks Off Multimillion-Dollar PUMP Token Buyback Using Platform Fees

PUMP +17% | SOL +5% | July 16, 2025

Pump.fun, the viral Solana-based memecoin launchpad, has launched a major buyback of its native $PUMP token — using platform-generated fees to fuel demand 🔥.

💰 Onchain Breakdown:

187,770 SOL (~$31.3M) transferred to a buyback wallet

118,351 SOL (~$19.3M) already spent

~2.99B PUMP tokens repurchased

Avg price: $0.0064 (17% pump from ICO price)

📊 Data via Lookonchain & Solscan

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📈 What’s Driving This?

Pump.fun recently hinted at sharing revenue with token holders, and this buyback appears to be step one.

According to Delphi Digital, if Pump allocates 25% of its fees daily:

📈 $369K of daily buy pressure

💵 $134.6M annualized value

That’s a serious demand engine in a memecoin market that thrives on hype and liquidity.

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🐶 Memecoin War Heats Up

This move comes as rival LetsBonk gains traction, reportedly outpacing Pump.fun in daily fees and token graduations. The buyback may be Pump’s answer to growing competition in the Solana memecoin space.

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🔮 Market Impact:

$PUMP rallied to $0.0067, up from its $0.004 ICO

Fully Diluted Valuation (FDV): $6.7B

Current market cap: $2.4B

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📢 Why It Matters:

If sustained, platform-fee-powered buybacks could set a precedent in memecoin economics — turning speculation into revenue-linked value. 💡

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📊 #pumpfun #PUMP #Solana #CryptoBuyback #MemeCoin #DeFiEarnings #Tokenomics