Pump.Fun’s native token, pump, has bent the marketed downturn this week and rose by 17%as Protocol Learning platform fees to repurchase tokens.
The repurchases are designed to support holders by reducing circulating supply and absorbing sales pressure, a model that is increasingly common across crypto projects.
At the time of release, pump trades with $ 0.0035, approx. 40% higher than a month ago but still fell 50% from its July debut as it rapidly dropped from $ 0.007 to $ 0.0024 in just 10 days.
The sharp decline after launch reflected the fading of the initial hype, but the recent momentum suggests that the repurchase helps stabilize the token market.
The driver is pump.fun’s revenue engine. The platform earns fees on all token created through its service, a model that has generated $ 734 million in the past year, with volumes that peaked in January during the boom of celebrity-driven Meme coins such as Trump and Melania, along with thousands of copycat tokens that followed.
Since its inception, more than 12.5 million tokens have been launched, and 23 million wallets have interacted with the site and established a strong user base.
These currents have translated into meaningful token -support: pump.Fun has corrected $ 59 million against repurchases, according to Dashboards, which helps support pumps rebound.
The timing may be lucky. Autumn has historically been a stronger season for digital assets after the summer break, which suggests that conditions could adapt to further upside.
The pump still remains far from the launch heights and its orbit depends on whether fee revenue can remain consistent in a slow market.
Meanwhile, majors remain under pressure: Bitcoin trades with $ 108,500 and ether to $ 4,337, both down between 6% and 7% this week.
