Pump.fun burns $370 million in PUMP token, commits 50% of future revenue for buyback-burn program

Pump.fun burned $370 million in PUMP tokens and pledged 50% of future revenue toward ongoing buyback-burns, with the remainder funding platform expansion over five to ten years. The deflationary mechanism aims to boost token scarcity and value. This matters for investors as it signals commitment to tokenomics sustainability, though execution risk remains significant for the meme coin launchpad platform.