Pump.fun Burns $370 Million in PUMP Tokens and Locks 50% of Revenue Into Buybacks

Pump.fun burned approximately $370 million worth of PUMP tokens on April 29, reducing circulating supply by 36%, and committed 50% of all net platform revenue to an irreversible smart contract that will continue buying back and burning PUMP for the next 12 months. Key Takeaways: Pump.

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