Wu Says learned that Pump fun co-founder Sapijiju said that from July 6 to July 12, Bonding Curve, PumpSwap, and Terminal generated a total of $5.9 million in protocol fees, of which 50% in net fees were used to automatically buy back and burn PUMP by locking them in smart contracts. Over the past 7 days, the buyback and burn amount exceeded $3 million, and the cumulative scale is already equal to 14.987% of PUMP’s total supply.
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