PUMP started its token buyback program in mid-July, when the price was still hovering around $0.00634. Now, nearly half a year has passed, and the project team has投入125.2 million SOL, equivalent to approximately $220 million, which is quite aggressive in the entire market.



The problem is, the price hasn't rebounded because of this buyback wave; instead, it has fallen to around $0.0017. From the issuance price, this is no longer just a matter of breaking the peg.

Careful analysis shows that the core issue is the massive unlocking pressure. Currently, PUMP's circulating supply has reached 59%, and large unlocks will continue until the end of 2027. This means that the selling pressure will not disappear in the short term. However, after thorough correction in the bear market, when the next bull cycle arrives, PUMP is still worth paying attention to.

As for how to get involved? My suggestion is to wait a bit longer. Wait until the price drops another zero, then the value proposition will truly be revealed.
PUMP-5.17%
SOL-2.81%
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AlwaysMissingTopsvip
· 6h ago
2.2 billion invested and it’s fallen this much, this is truly incredible. --- Wait, unlocking pressure until 2027? Then I might as well just lie flat for now. --- If it drops another zero, I’ll buy the dip. Anyway, a bear market is the best time to pick up bargains. --- The project team’s such aggressive buyback efforts can’t save it, indicating there’s a serious problem. --- At this point of breaking below the price, I’m actually looking forward to the rebound space in the next bull market. --- With a circulation rate of 59% and still unlocking, no wonder it can’t be suppressed. Waiting until 2027 is just ridiculous. --- I think, this coin is now a hot potato. It’s better to wait until it’s completely cleared out before getting in.
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DegenRecoveryGroupvip
· 6h ago
2.2 billion invested and still no results, this project team is really a bit outrageous. To put it simply, it's still the unlocking pressure that's too high. Waiting for the bull market, this set of words has worn out my ears. A zero drop again? Ha, that will have to wait until the Year of the Monkey or the Horse. I just don't understand this thing. If the recovery is so fierce and still collapses, then protecting the market has truly failed. Cost performance? Forget it, let's see if it can survive until 2027 before talking about anything else.
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OldLeekMastervip
· 6h ago
220 million can't even save it, how desperate is that... I'll wait until it drops another zero before I reconsider.
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ApeDegenvip
· 7h ago
2.2 billion invested and still dead, this is outrageous. I won't dare to act until it drops another zero.
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