Pump.fun has cumulatively bought back PUMP tokens worth over $220 million.

BlockBeats News, December 28th, according to data from fees.pump.fun, Pump.fun spent 7,958.42 SOL (approximately $972,000) yesterday to repurchase 530.2 million PUMP.

Since starting the PUMP buyback on July 15th, approximately $222 million worth of PUMP tokens have been repurchased, reducing the total circulating supply by 16.085%.