Pump.fun Buybacks Fuel PUMP Token Revival Amid Broader Crypto Downturn

Despite a cooling crypto market, Pump.fun’s aggressive strategy of deploying platform revenue to repurchase its native token has driven a 17% weekly gain. Pump.fun’s native token, PUMP, has bucked the market-wide downturn this week, rising by 17% as the protocol leverages platform fees to repurchase tokens. The buybacks are designed to support holders by reducing circulating supply and absorbing sell pressure, a model increasingly common across crypto projects. At the time of publishing, PUMP is trading at $0.0035, about 40% higher than a month ago but still down 50% from its July debut, when it quickly fell from $0.007 to $0.0024 in just 10 days. The sharp post-launch decline reflected the fading of initial hype, but recent momentum suggests buybacks are helping stabilize the token’s market. The driver is Pump.fun’s revenue engine. The platform earns fees on every token created through its service, a model that has generated $734 million over the past year, with volumes peaking in January during the boom in celebrity-driven meme coins like TRUMP and MELANIA, along with thousands of copycat tokens that followed. Since inception, more than 12.5 million tokens have been launched and 23 million wallets have interacted with the site, establishing a strong user base. Those flows have translated into meaningful token support: Pump.fun has directed $59 million toward buybacks, according to Dune dashboards, helping to underpin PUMP’s rebound. The timing could be fortuitous. Autumn has historically been a stronger season for digital assets after the summer lull, suggesting conditions could align for further upside. Still, PUMP remains far from its launch highs, and its trajectory will depend on whether fee revenue can remain consistent in a slowing market. Meanwhile, the majors remain under pressure: bitcoin is trading at $108,500 and ether at $4,337, both down between 6% and 7% this week. https://www.coindesk.com/business/2025/08/29/pump-fun-buybacks-fuel-pump-token-revival-amid-broader-crypto-downturn #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple