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🔥Continuous buyback! PUMP supply has decreased by over 35%
On-chain data shows that Pump.fun used another 8,754.98 SOL yesterday (about $812k) to buy back 421.5 million PUMP tokens.
Since the buyback program started on July 15, 2025, the platform has repurchased a total of 812k PUMP tokens, worth approximately $367 million, directly reducing the circulating supply in the market by about 35.56%.
From a market structure perspective, continuous buybacks essentially reduce circulating chips. When supply keeps decreasing while demand remains stable or increases, the scarcity of the asset will gradually be re-priced by the market.
In capital markets, prices fluctuate, but the supply and demand relationship never lies.
As chips become scarcer, time often becomes the strongest amplifier. 🚀