🔥 Pump.fun Burns $370M in $PUMP : What’s Happening with Solana Launchpads?
🔥 Pump.fun Burns $370M in $PUMP : What’s Happening with Solana Launchpads? Pump.fun announced a ~$370M burn of $PUMP (~36% of circulating supply) and introduced a 1-year buyback & burn program, allocating 50% of net revenue to purchasing and burning the token.
Against this backdrop, competition among meme launchpads is intensifying. 📊 30D Fees • Pump.fun — $24.8M • Bags — $1.46M • Bonk.fun — $888K • Printr — $462K • LaunchLab — $61.8K Pump.fun remains the clear leader by fees, but Printr is starting to gain user attention with its Proof of Belief Staking model, along with backing from Bybit and Mantle . Can Printr close the gap with Pump.fun in the near term?