1'm bullish on $PUMP Half of every revenue dollar Pumpfun earns buys PUMP on the open market and burns it. That is the thesis. - Burned so far: $472.06M spent, 169.51B PUMP destroyed (project burn page, data as of Oct 2) - 30 days to Oct 3: ~$24.9M bought back (DefiLlama-based tracker), ~0.83% of the $3.01B market cap in a month - Heat: No.10 on the 1h board and No.15 on the 4h board, CMC rank 34 Tape: $0.006486, 1h +0.47%, 4h +1.66%, 24h +0.31%, 7d +24.57%. 24h volume $344.0M (-1.33% vs. yesterday), vol/mcap 0.11. Range: 24h $0.006242–$0.006752; 7d $0.004689–$0.006752; 4h pivot $0.006380. OKX perp: funding -0.0033%/8h while the 1h and 4h rise, so shorts pay to fade a token with a daily protocol bid. OI $48.7M, premium -0.193%. Why bull: 1h and 4h green, negative funding into the move = squeeze fuel. Invalidation: losing the 24h low at $0.006242. Risk: volume is flat day on day (-1.33%), and the burn only works while launchpad revenue holds up. ES: Precio $0.006486 ≈ €0,005765 (EUR 0.8889). Vigilo el desbloqueo reportado de ~6,87 mil millones de PUMP el 14 de octubre: si la recompra diaria lo absorbe sin perder $0.006380, el suelo es real. @alexdolbun maps launchpad revenue on UnicornsMap #UMRadar (GIS/OSINT alpha on where retail liquidity moves). More on X @alexdolbun. Burn vs. unlock: who wins? #UMRadar #PumpFun #Solana $PUMP $SOL $BOB