Pumpfun burns ~$370M (~36% supply) and adopts 50% net‑revenue buyback‑and‑burn program for 12 months; buybacks will be immediately burned

Pump.Fun (PUMP) announced it burned all previously bought-back tokens, removing nearly 36% of circulating supply (about $370 million). The project also confirmed 50% of future revenue will fund token buybacks and scheduled burns, with the remaining revenue allocated to ecosystem development. The move aims to improve transparency, reduce fears of future selloffs, and boost community confidence; investors will monitor whether the aggressive burn model and clearer roadmap sustain momentum and adoption.
AI Analysis
Facts: Nearly 36% of circulating PUMP was burned (≈$370M) and the project committed 50% of future revenue to buybacks and burns, with remaining revenue for ecosystem development. These concrete supply-reduction measures and revenue commitments are likely viewed positively by holders and could reduce selloff risk, supporting a bullish but not guaranteed market reaction.