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Pumpfun Executes $1.14 Million Token Buyback in 24 Hours

The project’s total buybacks have surpassed $255 million, representing 20% of the $PUMP token supply.

Summary

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Terms & Concepts
  • Token Buyback: A process where a cryptocurrency project repurchases its own tokens from the market, often to reduce supply and potentially increase value.
  • $PUMP: A cryptocurrency token associated with the Pumpfun project, subject to market trading and buyback activities.