DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Altcoin Bitcoin News

Pump.fun Burns $370 Million in PUMP Tokens and Locks 50% of Revenue Into Buybacks

Pump.fun burned approximately $370 million worth of PUMP tokens on April 29, reducing circulating supply by 36%, and committed 50% of all net platform revenue to an irreversible smart contract that will continue buying b...

Pump.fun Burns $370 Million in PUMP Tokens and Locks 50% of Revenue Into Buybacks
Pump.fun burned approximately $370 million worth of PUMP tokens on April 29, reducing circulating supply by 36%, and committed 50% of all net platform revenue to an irreversible smart contract that will continue buying back and burning PUMP for the next 12 months. Key Takeaways: Pump.fun burned roughly $370 million in PUMP tokens on Wednesday, […]

Original source

Read on Bitcoin News

Related market context