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- 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
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🥇 1st Prize (1 winners): 40 PI - 🚀 Gate Square Creator Certification Incentive Program Is Live!
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Analysis: pump.fun is suspected of using only 100% income from one day to repurchase tokens, and the related model may be difficult to sustain.
Odaily News Previously, market news indicated that pump.fun will increase the buyback ratio of the PUMP Token, using 100% of daily revenue for buybacks. After tracking this matter, Dumpster DAO reminded the community to cautiously monitor on-chain data, as pump.fun has only used 100% of its revenue for buyback for 1 day. Although a few days ago, pump.fun packaged 100% of its revenue for Token buybacks, it was not fully executed, raising doubts about whether they are competing with on-chain observers. Moreover, these Tokens have never been destroyed or transferred anywhere, and due to the lack of any official communication or reliable buyback system, there is no reason to believe that this situation will continue.