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Tokenomist
Tokenomist|Jul 12, 2026 10:08
3/ PUMP has one value mechanism: fees buy back tokens, then burn them. Since TGE (Jul 12, 2025 — exactly 1 year before this unlock), that bid collapsed: $55.3M/mo peak → $9.2M (Jun 2026). In April 2026, buybacks cut from 100% → 50% of net fees. (Tokenomist)
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