Pump.fun’s founder has returned to X, pledging a major overhaul of creator fees as part of a broader recovery push. The announcement coincided with a 10% jump in $PUMP, signaling renewed trader confidence.
Pump.fun has spent over $62 million on token buybacks to shore up the PUMP price. The aggressive repurchase campaign is designed to stabilize liquidity, restore investor confidence and curb volatility.
Pump.fun has successfully raised $500 million in a public sale, achieving a fully diluted valuation of $4 billion. This significant funding underscores investor confidence in the platform’s potential within the rapidly evolving cryptocurrency landscape.
Pump.Fun’s PumpSwap decentralized exchange (DEX) saw a significant surge last week, processing $2.5 billion in trades—a 40% increase. This remarkable growth highlights the increasing demand for decentralized trading platforms in the cryptocurrency market.