$PUMP Token Burn and Buyback

$PUMP ‌
Latest news: $PUMP has burned tokens worth $371 million, accounting for 36% of the total supply, marking a significant deflationary event.
Recent developments: The project had continuously used all revenue for buybacks for 10 consecutive months, now it has shifted to allocating 50% of the revenue.
Key progress: The daily buyback amount has reached $1.23 million, with an average purchase price 60% higher than the current market price.
PUMP buyback strategy adjustment: Future buybacks will only use 50% of the revenue, instead of the previous 100%, which may slow down the deflationary pressure compared to the previous aggressive phase.
If demand remains stable, a significant reduction in supply could help drive long-term price increases.
Despite strong fundamentals, the reduced buyback ratio may limit short-term upward momentum.
Historical high buyback prices suggest that the current valuation may present an entry opportunity for investors.