Pump.Fun has announced a revenue distribution plan for PUMP token holders through a buyback-based utility structure, but official confirmations are lacking.
Pump.Fun Revenue Distribution Plan
Pump.Fun has announced its intention to distribute protocol revenues among PUMP token holders via a buyback structure. This announcement aligns with the company’s strategic moves.
Absence of Official Confirmations
Despite news reports highlighting this development, no official communications or leadership statements have surfaced. Community members are awaiting responses from project leaders regarding the raised questions.
Current Market Situation for PUMP Token
Currently, PUMP has a market cap of $14.51 million with a price of $0.05. The trading volume over the last 24 hours stands at $1.71 million, having decreased by 61.48%. While the token gained 0.25% in a day, it saw a 10.84% loss over the week.
The situation surrounding Pump.Fun and the PUMP token remains uncertain, as investor expectations are mixed with the absence of clear official statements.