Pump.fun’s PUMP Falls 32% From Its Oct. 7 High Despite Token Burns
Photo: TokenPost
Pump.fun’s native token, PUMP, closed at $0.004534 on OKX on Oct. 15, about 32% below its Oct. 7 high of $0.006664. At 8:25 p.m. ET Oct. 15 (12:25 a.m. UTC Oct. 16), the composite price was $0.004524. The Oct. 13 token burn removed 192.3 million PUMP, about 0.019% of the one trillion-token supply. Cumulative burns reached 171.96 billion PUMP, equal to 17.196% of total supply, with $486.14 million deployed. The program directs 50% of revenue to open-market PUMP purchases and burns for one year beginning Apr. 28, 2026.
Source: TokenPost
