[pumpfun: Approximately $370 million worth of PUMP destroyed, with a commitment to allocate 50% of revenue for buyback and burn over the next year] Odaily Planet Daily reports that pumpfun founder Alon posted on the X platform stating that over the past approximately 9 months, 100% of PUMP's revenue has been used for buybacks. Today, PUMP worth approximately $370 million has been destroyed, accounting for 36% of the circulating supply. Additionally, PUMP has committed to allocating 50% of its revenue over the next year to programmatic buybacks and burns, while the other 50% will be used for business growth, product development, infrastructure construction, and ecosystem reinvestment. Alon stated that this move aims to enhance community trust and ensure long-term business growth.