PUMP, the native token of Solana-based memecoin launchpad Pump.fun, has experienced a significant price boost following its first-ever token buyback. On July 16, blockchain analyst Ember CN reported that Pump.fun spent 111,953 SOL, worth $18.34 million, to repurchase 3.04 billion PUMP tokens at an average price of $0.006. According to Ember CN, the SOL used
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