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Pump.fun’s PUMP token surges 49.6% as buybacks burn 16.9% of supply

  • Pump.fun’s PUMP token gained about 49.6% in one week.
  • PUMP rose from €0.00352 to €0.00526 as buybacks burned 16.9% of maximum supply.
  • The US SEC issued clarifications concerning crypto buybacks.

Pump.fun’s PUMP token climbed about 49.6% in one week, increasing from €0.00352 to €0.00526. The move was attributed to higher platform revenue and continuing buybacks, which have burned 16.9% of the token’s maximum supply. The US SEC (U.S. securities regulator) also issued clarifications concerning crypto buybacks.

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