๐ฅ Stop watching the narrative todayโwatch whoโs actually making money:
$PUMP First, look at the data ๐:
Current price $0.0054 (+11.5%)
24h trading volume $96.00M
Intraday: 0.0047 โ 0.0056, riding right along the intraday high
Why can it rise while the broader market stays still?
Because it has a machineโevery day it throws real cash into the fire ๐ฅ
โ Cumulative buybacks: $463.5M, burning 167.9B tokens
= 16.79% of the original supply, permanently destroyed
โก On 9/27: single-day buybacks of $1.14M, vs. $1.46M the day before
โข Platform rules: 50% of revenue is forcibly used to buy and burn tokensโthis isnโt just a slogan
Whatโs even more brutal is the revenue ranking ๐ฐ:
Over the past 7 days, Pump.fun revenue was $15.16M
Overtaking Hyperliquid ($15.06M)
#3 on the all-chain application revenue leaderboardโonly ahead are Tether and Circle
My take:
๐ข A rare โrevenue โ buyback โ burnโ loop. Whatโs moving isnโt the storyโitโs the cashflow
๐ด But itโs still 44% below the all-time high. Quebec regulation issued a warning on 9/27, and BONK.fun is still right there competing for attention
Discipline level:
Hold above $0.00464 (breakout becomes support) counts
If it breaks down โ watch for $0.00384 (50-day moving average) ๐ฏ๏ธ
Not investment adviceโmanage your own position ๐๐
Have you ever bought a coin propped up by buybacks? What happened later ๐
$PUMP #Pumpfun #Meme