Pump.fun’s PUMP Falls 32% From Its Oct. 7 High Despite Token Burns

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. In April, Pump.fun cut the share of net protocol fees allocated to buybacks from 100% to 50%, reserving the rest for hiring, marketing and acquisitions. The change was covered in an earlier review of Pump.fun’s 30-day revenue and buyback spending .

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