Pumpfun (@pumpdotfun) just dropped a bomb on the market$19.2M buyback live and counting.

Eight hours ago, the team deployed a surprise open-market buyback using protocol fee revenue. 187,770 $SOL (~$30.53M) was moved from their fee wallets to a fresh address, 3vkpy5, now confirmed to be a buyback wallet.

So far, 118,350 $SOL (~$19.2M) has been spent to purchase 3.196B $PUMP at an average price of ~$0.006.

From seller to buyer, The pivot is wild.

Since May 2024, Pumpfun had been dumping fee revenue aggressively on Kraken. Data shows ~4.1M $SOL ($741M) offloaded at $180 avg, week after week. Market watchers got used to the pressure. The chart reflected it.

Now, that selling machine is reversing courseand buying.

This isnt a symbolic move. This is full-on buyback mode, with nearly $11.3M still sitting in the wallet, unspent. If that gets deployed too, price action could get even crazier.

$PUMP Presale Was Just the Beginning

Few days ago , $PUMP pulled off one of the biggest presales in crypto history$500M+ raised in 12 minutes at $0.004. The hype was real. The crowd was massive.

But like most meme launches, it dipped post-listing. Some thought that was the top.

Then came todays buyback.

Now $PUMP is trending again, showing strength above $0.006, with heavy volume pushing through on-chain and across CEXes.

That puts $PUMP up 60% from its presale price, with momentum clearly shifting bullish. Add protocol-led buybacks into the mix, and youve got a very different chart from two weeks ago.

This isnt just about price. This is narrative control.

Pumpfun knows what its doing. For weeks, fee revenue kept flowingbut it was all going to Kraken. The protocol was seen as a seller. Now, that same revenue is being redirected to buy back tokenshard.

It sends a message: the team backs its token. The market loves that. And when it comes with $19.2M of real firepower, its more than just sentimentits math.

Theres still 69,420 $SOL left in the wallet. Thats $11.3M+ sitting idle. If this gets deployed in waves, it can support price, reduce float, and extend this trend.

  • Pumpfun launched a surprise $19.2M buyback, scooping 3.196B $PUMP
  • 118,350 $SOL used so far, with 187,770 $SOL initially transferred
  • Follows a history of dumping ~4.1M $SOL ($741M) via Kraken since May
  • $PUMP presale raised $500M+ in 12 mins at $0.004
  • Current price: $0.0064 already 60% up from presale.

Pumpfun came to play. The charts reflect it. The buyback wallet proves it. The next move? All eyes on that $11M still waiting in 3vkpy5.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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