🚨 UPDATE: PumpFun has burned around $370M worth of $PUMP , cutting about 36% of circulating supply.

Moving forward, 50% of future revenue will go toward additional buybacks and burns, with estimates suggesting roughly $400M annually even in weaker market conditions.

However, there’s still pressure ahead — about $193.3M in $PUMP is set to unlock this week, while the token remains down roughly 60% from its ICO price.

Even with heavy burn mechanics, the upcoming supply release could be difficult for the market to fully absorb.

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