Pump.fun has revised its revenue allocation, now dedicating 50% of net revenue to automated buybacks and burns of PUMP tokens and retaining the other 50% for operational expenses like development and marketing. This change follows nine months of using 100% of revenue for token burns, which removed about 36% of PUMP's circulating supply. The company aims to sustain long-term operations and build trust after PUMP traded below launch value despite significant buybacks. A smart contract will continue weekly burns over the next year using half of net revenue, but lower 2026 revenue means smaller burn volumes compared to 2025.
The Solana memecoin PUMP surged over 10% even after a large token unlock released $142 million worth of tokens to team members and investors, which could have caused selling pressure. The rally was supported by softer U.S. inflation data easing fears...
Pump.fun has released 57.279 billion PUMP tokens valued at $86.49 million from its initial lock-up, distributing them across 121 wallets. This marks the start of a three-year vesting period for team members and early investors, following the end of a...
Pump.fun completed its first major token distribution after a one-year lockup, unlocking 57.279 billion PUMP tokens valued at $86.49 million across 121 wallets. This marks the start of a three-year vesting cycle for team and investor allocations, mak...
Zcash surged 10.81% to $554.67, leading the altcoin rally thanks to recent upgrades improving its security features. Other altcoins like Lighter and Pump.fun also posted notable gains, reflecting growing interest in niche crypto projects. Meanwhile, ...
Pump.fun, a Solana-based memecoin launchpad, distributed over $19 million worth of $PUMP tokens following a major vesting cliff on July 12. Approximately 82.5 billion tokens, about 29% of the circulating supply, were unlocked, with 50 billion allocat...
