Pump.fun has repurchased over $200 million in five months, with PUMP's circulating supply shrinking by 13%.

GasFeeLady

2025-12-07 00:26:18

【比推】Pump.fun 又出手了。

12月5号这天，他们拿出9633.99枚SOL（大概134万刀）回购了4.398亿枚PUMP。听起来夸张？更夸张的在后头——从7月中旬启动这个回购计划到现在，平台已经砸进去超过2亿美元。

这直接让PUMP的流通量缩水了13.353%。说白了，市面上流通的币少了超过一成，按经济学常识，供给减少需求不变的话……你懂的。

不过话说回来，持续大规模回购到底是对代币价格有信心，还是另有盘算？市场自己会给答案。

PUMP-2.6%

SOL-1.43%

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AirdropHermit

· 16h ago

$200 million buyback—Is this giving PUMP a lifeline or digging a hole?

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FlatTax

· 16h ago

Investing $200 million only to shrink by 13%—that's quite a bold move.

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RuntimeError

· 16h ago

$200 million was thrown in and the circulating supply immediately shrank by 13%. That’s a bold move.

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CommunityLurker

· 16h ago

$200 million crazy buyback, is this really confidence in PUMP or a desperate attempt to prop up the price?

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MidnightSnapHunter

· 16h ago

$200 million buyback—in plain terms, it’s just market support. But this move is definitely bold.

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MEV_Whisperer

· 16h ago

Burning $200 million in five months for a buyback—does this move show confidence or is it the last frenzy before cashing out retail investors? Shrinking circulating supply by 13% sounds great, but if the price doesn't go up, it’s all for nothing.

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SnapshotLaborer

· 16h ago

$200 million buyback—this move is indeed aggressive, but can reducing supply really save the price? Wake up, everyone.

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