Pump.fun Buybacks Fuel Price Rally as Bulls Regain Control
Pump.fun's recent price rally continued as the platform's revenue-funded buyback program repurchased 332 million PUMP tokens at an average price of $0.00225.
The protocol allocated roughly $747,000 for the purchases from $1.49 million in daily revenue, steadily reducing liquid supply.
Rising Open Interest and heavy short liquidations reinforced bullish sentiment toward the next major barrier at $0.002556, with buyers maintaining control throughout the move.