TechFlow news, July 29 — Regarding the market rumor that "pump.fun commits to using 100% of its daily revenue for buybacks," Dumpster DAO analyzed and stated on X platform that while the Pumpfun project achieved 100% revenue-based buyback of PUMP tokens in a single day, early data indicated funds were bundled but not fully executed for buybacks. The report emphasized that due to the lack of official announcements and reliable buyback mechanisms, as well as no observable records of token destruction or transfers, the sustainability of this buyback activity remains unconfirmed.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号




