Wu Shuo learned that PumpFun stated it has destroyed all previously repurchased PUMP tokens, approximately 370 million USD, accounting for about 36% of the circulating supply, in response to market doubts about the purpose and sustainability of the buyback; at the same time, it announced that in the next year, 50% of its revenue will be used for programmatic buybacks and destruction to reduce circulating supply and enhance mechanism certainty; this move is an adjustment taken after about 9 months of high-income operation to address market trust issues.

PUMP8,7%
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