🚀📈 PUMP Surges 15% as Pump.fun Buys Back $33M Tokens, Dominates Meme Coin Market

PUMP’s price jumped 15% after Pump.fun repurchased $33 million worth of tokens, reinforcing its position as the leading meme coin launchpad with 77% market share.

Key Highlights:

$33M Buyback: Pump.fun has now repurchased 0.729% of PUMP’s total supply, with 97.29% of last week’s revenue allocated to buybacks.

Market Dominance: The platform launched 26,836 tokens in a single day, capturing 73.6% of all new meme coins on August 11.

Revenue & Volume: Generated $1.85M in daily revenue and $195.76M in trading volume, far ahead of competitors.

Price Surge: PUMP hit $0.0039772, up 27.67% this week, signaling strong investor confidence.

Why It Matters:

The aggressive buyback strategy reduces supply and strengthens PUMP’s value, while its dominance in meme coin creation cements its lead in the Solana ecosystem. Analysts predict further gains if the trend continues.

#pump

$PUMP