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pumpdotfun Executes $2 Million Buyback of $PUMP Tokens in 24 Hours

The repurchase, representing 88% of its launchpad revenue, boosts the total buyback to over $35 million.

Summary

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Terms & Concepts
  • Token Buyback: A mechanism allowing a project to repurchase its own tokens, potentially influencing token value.
  • Launchpad Revenue: Funds generated from token launch activities used to support various financial operations.