Pump.fun’s buyback strategy shows no signs of stopping. So far, the project has repurchased around $94.5 million worth of PUMP tokens. It now owns approximately 6.582% of the circulating supply.
Summary
- Pump.fun now owns 6.58% of its circulating token supply, spending nearly $95 million in platform revenue for token buybacks.
- PUMP recently reached an all-time high, as selling pressure increases in line with the token repurchasing.
According to on-chain data, the project has purchased nearly $95 million worth of PUMP tokens since it began its repurchasing strategy. On the day the token reached a new all-time high, the project made its latest purchase of 253.8 million PUMP.
These tokens were worth $0.008 per token at the time, valuing the purchase at about $2.05 million.
Ever since July 15, 2025, when it first initiated its token buyback strategy, Pump.fun has been consistently buying its tokens back almost every day no matter the price. Its first purchase remains its largest purchase to date, at 2.4 billion PUMP (PUMP).
The meme coin platform has managed to soak up over 6.58% from its total circulating supply, which currently stands at 1 trillion PUMP.
“Pump.fun currently expects to use substantially all net revenue for strategic investments. Pump.fun may modify or discontinue those plans at any time. The $PUMP token does not represent a right to revenues or any other distribution,” wrote the platform underneath a chart showcasing its revenue buybacks.
The project uses platform-generated revenue from its meme coin launchpad site to make daily token repurchases. So far, it has bought more than 23.1 billion tokens, as the platform looks to stabilize price action and reduce sell pressure.
Pump.fun price analysis
Pump.fun’s strategy seems to be working in its favor. On September 14, the token reached a new all-time high at $0.0088. Its current price stands only 10% below its recent high.
According to data from TradingView, the chart for PUMP/USDT shows a strong bullish rally that recently peaked after a sharp upward movement of more than 150%. This explosive surge was followed by a short-term pullback period, with prices consolidating around the 140% to 160% range.
The steep climb indicates aggressive buying pressure, likely driven by speculative inflows or a breakout from accumulation.
Based on the Relative Strength Index indicator, momentum reached overbought conditions during the peak but has since cooled off. Currently, the RSI sits around the 48 to 53 range, showing a neutral stance with neither strong bullish nor bearish momentum being shown.
This decline from the overbought zone suggests that the sharp rally has lost steam in the short term, but the market has not yet gone completely on the bearish side.
