PUMP recently invested $250 in buybacks, and the chip recovery logic is gradually taking shape.

Last night, a massive transaction by the PumpFun project team drew attention—an $2.5 million buyback broke the second-highest record in history. Behind this investment reflects the project’s attitude toward the current market and a new strategic layout for long-term development. According to the latest data, the PUMP token’s 24-hour trading volume reached $2.27 million, with a circulating supply of approximately 59 billion tokens, maintaining active market engagement.

The “Funding Engine” Behind the Massive Buyback

Estimating based on a daily buyback pace of about $2 million, the monthly capital投入 is projected to reach $60 million. Continuous buying at this scale directly alters the market’s chip structure. The available PUMP in circulation is gradually being locked and burned, leading to a tightening supply situation. This alleviates downward selling pressure and opens further space for market appreciation.

The core logic here is: higher project revenue → stronger buyback力度 → increasing chip scarcity → stronger price resilience. PUMP is shifting from a meme coin relying solely on sentiment speculation to an asset with real income support and sustainable buybacks. Protocol-level revenue directly determines buyback strength, while the gradual reduction of chips enhances the overall ecosystem’s scarcity.

From Chip Scarcity to Price Support: Multi-layered Deduction

In the short term, this intensive buyback operation could trigger an accelerated market rise. The presence of large buy orders itself provides strong support, gradually dispelling investors’ fears of price declines. More capital may enter, creating a positive feedback loop.

In the long term, the ongoing repurchase of chips will eventually lead to a characteristic of a “funding coin.” Unlike past purely speculative logic, the value support for PUMP is becoming increasingly solid. Through buyback actions, the project team is effectively sending a clear signal—that they have the capacity and willingness to maintain the price. If this commitment is fulfilled, it will fundamentally change investors’ perception framework of PUMP.

What Does the Shift in Capital Logic Mean?

The transition from “sentiment coin” to “funding coin” is not just a rhetorical change but a deep adjustment in the project’s business model. More user participation → increased protocol revenue → sufficient buyback funds → dual support of price and scarcity. Once this cycle stabilizes, PUMP’s position in the market will also be elevated.

While a single buyback of $250,000 is a large figure, what truly matters is the ongoing commitment it represents. The upcoming market trajectory will depend on whether the project team can sustain this buyback rhythm and whether the market recognizes this new value logic.