Web3
Pump.fun’s PUMP Falls 32% From Its Oct. 7 High Despite Token Burns
TokenPost·October 16, 2026·1 min read
Pump.fun's PUMP token fell 32% from its Oct. 7 high despite a 192.3 million token burn on Oct. 13 that removed about 0.019% of supply. The platform's fee dashboard has shown inaccurate revenue and buyback totals since custom pairs were added, raising concerns about transparency and tokenomics effectiveness.
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