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The PUMP team stated that all the PUMP tokens they previously repurchased have been burned, totaling a value of $370 million, accounting for approximately 36% of the circulating supply...
Not only that, they also plan to use 50% of their revenue over the next year to buy back and burn tokens, in order to boost community confidence.
According to public information, since 2024, the PUMP platform has accumulated revenue of over $1 billion, with $98.3 million in revenue over three months in 2026.
It is foreseeable that if this trend continues, the team's subsequent buyback efforts will be substantial.
Their move will undoubtedly increase the scarcity of the token and provide effective support for its long-term value.
But strangely, if the team’s claims are true, why has the PUMP token only increased by about 7%?
Leaving aside whether the buyback information disclosed by the team is exaggerated, at least one thing is certain: the market currently does not want to pay for their decisions.
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