Pump.fun Repurchases $332 Million of PUMP, Cutting Circulating Supply by 30.015%
According to the provided data, Pump.fun bought back about $332 million worth of PUMP, while HTX reported the token trading at $0.001882 on March 19 after a 24-hour decline.
Summary
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Terms & Concepts
Circulating supply: The number of tokens currently available in the market and able to be traded by investors.
Token buyback: A repurchase program in which a project buys its own token from the market, often to reduce available supply.
PUMP: The token referenced in the report, which Pump.fun said it repurchased in size.