PUMP Price Prediction: $33.3 million Token buyback ignites a 15% rise, Solana Meme coin starts to solidify its platform dominance.

Pumpfun native Token PUMP price soared over 15% in a single day, reaching $0.0039772! The core driving force comes from the project party announcing the implementation of a large-scale token buyback plan. Data shows that from August 5 to August 11, Pumpfun spent $8.42 million to buy back PUMP, accounting for 97.29% of the total revenue that week; the cumulative buyback amount has reached an astonishing $33.13 million, accounting for 0.729% of its trillion Token total supply. This strong circulating supply tightening strategy significantly boosted the coin price, with PUMP rising a total of 27.67% this week. At the same time, the platform has demonstrated absolute dominance in the Solana ecosystem Meme coin launch platform sector, capturing 73.6% share of newly issued tokens on August 11, with a trading volume market share reaching 77.4%.

Massive Buyback Ignites Rise: $8.42 million Invested in One Week, Total Buyback of $33.13 million The Pumpfun Token PUMP price has surged over 15% in the past 24 hours, reaching a high of $0.0039772. This round of explosive growth closely follows the project party's announcement of a large-scale Token buyback initiative. Although PUMP has slightly decreased by 0.61% in the past month, it has accumulated a rise of 27.67% this week, with the recent upward momentum clearly indicating a bullish sentiment among traders, which also reflects the market's confidence in the project team's ongoing buyback commitment.

  • Buyback Details: Pumpfun disclosed that from August 5 to 11, approximately $8.42 million was spent to repurchase PUMP, which amounts to 97.29% of the platform's total revenue for that week.
  • Cumulative Scale: Since the launch of the buyback program, Pumpfun has repurchased PUMP worth 33.13 million USD, accounting for 0.729% of its total supply of 1 trillion Tokens.
  • Market Impact: The core objective of this ongoing buyback strategy is to reduce the circulating supply of the Token and enhance its value, which is a key factor driving the current price pump. On-chain data shows that the amount of this weekly buyback is one of the largest batches since the plan was initiated.

Repurchase Strategy and Market Dominance Dual Drive Pumpfun's buyback strategy is demonstrating impressive execution. According to the latest analysis, its revenue buyback rate is nearing 100%, which is a rare achievement in token-economics-driven projects. The combination of buyback actions and platform activity provides strong momentum for the long-term growth of the ecosystem. Market analysts believe that if this trend continues, PUMP is expected to test higher resistance levels in the coming weeks. The repurchase plan effectively stimulated market demand, driving up the volume of PUMP. Revenue metrics and purchasing patterns indicate a sharp increase in Token purchases at the beginning of August, peaking on August 10.

Solana Meme Token Launches Platform Dominance: 73.6% issuance share, 77.4% volume market share

(Charts tracking Token deployment trends and Pumpfun's dominance in the Solana Memecoin launch) Pumpfun has regained the leadership position of the Solana ecosystem Meme coin launch platform, surpassing LetsBonk. According to Adam Tehc's Dune dashboard:

  • Issuance Dominance: On August 11, the number of Tokens issued through the Pumpfun platform reached 26,836, accounting for 73.6% of the total new Tokens issued on the platform that day, which was 36,458. Bags ranked second with 4,030 (11%), and LetsBonk ranked third with 1,813 (5%).
  • Revenue and Volume Monopoly: In the past 24 hours, Pumpfun generated $1.85 million in revenue, far surpassing Bags' $136,800 (7.4%) and BonkFun's $66,400 (3.6%). Its platform volume reached $195.76 million, holding an overwhelming market share of 77.4% (Bags at $38.77 million, 15.3%, and BonkFun at $10.55 million, 4.2%). Tehc pointed out that Pumpfun's dual lead in Token creation quantity and volume marks its strong return in the competition of Meme coin platforms.

Conclusion: Pumpfun has successfully ignited market enthusiasm and driven the PUMP token to rise over 15% in a single day, thanks to its aggressive token contraction strategy with an almost 100% revenue buyback rate (totaling $33.13 million) and its absolute dominance as a launch platform for Solana ecosystem Meme coins (73.6% of new coin issuance share and 77.4% market share in trading volume). The ongoing token buybacks effectively reduce the circulating supply, providing solid support for the coin price; while the platform's strong fundamentals and market leadership demonstrated in fierce competition further bolster investor confidence. If the high buyback rate and the platform's leading position can be maintained, PUMP is expected to continue its upward momentum and challenge higher price levels. However, investors should still pay attention to the overall sentiment in the crypto market and the potential risks brought by the volatility of the meme coin sector.

PUMP11.64%
SOL13.08%
MEME8.46%
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