Pump.fun ($PUMP ) is back with a +7% daily gain, dominating #Solana memecoin launchpads and reclaiming a 90% share as deployers exit LetsBonk.
However, it's still down 25% over the last 7 days and 30% in 30 days.
The catch: daily revenue has slipped about 80% since January, while $33M+ in buybacks continue to prop up the price.
Short-term support is clear, but can buybacks mask fading organic demand?
