PUMP nears $0.006 as Pump.fun reports further buybacks

PUMP, the token associated with Pump.fun, rose about 14% in 24 hours to roughly $0.0058 by September 30, after briefly reaching $0.006, according to CoinGecko data cited in a report. The advance followed a sharp rally the previous day and came as attention focused on the platform’s reported token buybacks and increased trading activity. The available data do not establish that buybacks caused the price move. Pump.fun reported spending about $1.02 million on September 29 to buy and burn 187.1 million PUMP, at an average price near $0.005446. Its dashboard put cumulative buybacks at about $468.44 million by September 30. Earlier September 29 accounts gave a lower cumulative figure of about $466 million, reflecting different reporting snapshots rather than a single identical total. The figures are platform-reported, and the materials do not provide an independent audit. The price snapshots also differ with timing. On September 29, reports described PUMP near $0.0052 after a rapid rise, with one account noting a retreat to about $0.0049 from a high near $0.0054. By September 30, CoinGecko data cited in coverage showed the token near $0.0058, after it touched roughly $0.006.