🚨UPDATE: PumpFun just burned $370M of $PUMP, 36% of circulating supply.

50% of future revenue is now earmarked for more buybacks and burn, with a projected RRR of $400M/year (even in a bear market).

But $193.3M worth of $PUMP unlocks this week while the token remains down 60% from its ICO listing.

Not even aggressive burns may be enough to absorb that supply shock.