#pump token

➤ PumpFun has burned $370 million worth of PUMP tokens, representing 36% of the circulating supply, to enhance trust and scarcity. ➤ The platform will now commit 50% of its revenue to a programmatic buyback and burn scheme for the next year, aiming for sustained token reduction. ➤ This strategy, supported by revenue from services like Bonding Curve and PumpSwap, aims to build credibility and ensure long-term sustainability for the platform and its token.

➤ Pump.fun executed a significant token burn, removing $370 million (36%) of PUMP tokens from circulation to build community trust. ➤ A new revenue strategy allocates 50% of net profits to a programmatic buyback-and-burn initiative for the next twelve months, with the remaining 50% funding operations and innovation. ➤ The PUMP token saw an approximate 8% price surge following the announcement, signaling positive market reaction to the burn and new strategy.