Pump.fun has significantly reduced its circulating supply by repurchasing over 100 billion PUMP tokens. The platform spent 14,015.99 SOL, equivalent to approximately $1.165 million, to buy back 6.062 billion PUMP tokens in a single day. Since initiating the buyback program on July 15, Pump.fun has repurchased a total of 100,346,404,855 PUMP tokens, valued at around $320.1 million, effectively decreasing the circulating supply by 28.346%.
Pump.fun Reduces Circulating Supply by 28% with Major Token Buyback
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