Analysis: Pump.fun is suspected of using 100% of its revenue in just one day to repurchase tokens. This model may be unsustainable.
07-29 13:39
Odaily Planet Daily reports that market rumors suggest pump.fun will increase its PUMP token repurchase ratio, using 100% of daily revenue for repurchases. Dumpster DAO, following this, cautions the community to carefully monitor on-chain data, as pump.fun has only used 100% of its revenue for token repurchases on one day. While pump.fun allocated 100% of its revenue for token repurchases a few days ago, not all of it has been executed, raising concerns that they are playing tricks on on-chain observers. Furthermore, these tokens have never been destroyed or transferred anywhere, and without any official communication or reliable repurchase system, there is no reason to believe this situation will persist.
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