Since its launch in early 2024, Pump.fun has generated $1.08 billion in revenue, becoming the first platform on the Solana blockchain to surpass the $1 billion mark. In 2024, its revenue reached $321.3 million, and its buyback program has repurchased approximately $323.4 million worth of PUMP tokens. However, the PUMP token price remains below its initial issuance price, and the platform has expanded to other blockchain networks.

The U.S. House of Representatives is investigating several Wall Street underwriters, focusing on their market manipulation related to IPOs of Chinese companies. Among them, Dominari Securities is linked to the Trump family, and lawmakers are requesting relevant information, pointing out that these companies coordinated trades to inflate stock prices, which were then followed by sharp declines.

Gate News Report, March 10 — According to Onchain Lens monitoring, a certain whale (address 24BLF...LChr) sold 75 BTC worth $5.08 million in the past 20 hours and bought 2.067 billion PUMP tokens from market maker Wintermute, valued at $4.04 million.

Pump.fun repurchased 606.2 million PUMP tokens on March 8, costing approximately $1.165 million. Since the buyback program started on July 15, a total of over 100 billion tokens have been repurchased, with a total value of about $320 million, reducing the circulating supply by 28.346%.

Gate News reports that on March 8, according to Lookonchain monitoring, a mysterious whale withdrew a total of 853 million PUMP tokens from a certain CEX within the past 7 hours, worth $1.6 million. Currently, the whale holds 8.71 billion PUMP tokens, valued at $16.4 million.

Gate News Report, March 6: According to Onchain Lens monitoring, the Pump.fun team’s associated wallet deposited 1.757 billion PUMP tokens into a certain CEX, worth approximately $3.54 million. The wallet currently still holds 12.3 billion PUMP tokens, valued at about $24.77 million.

ChainCatcher Message, PumpFun Ecosystem Account Disclosure, over the past 7 days, PumpFun has repurchased approximately $9,195,312 worth of PUMP, bringing its total repurchase amount to $311,450,294, which accounts for about 27.1% of the current circulating supply. Earlier on-chain monitoring showed that the wallet address associated with PumpFun, “77DsB,” has been continuously selling PUMP tokens, with a total of 3.376 billion PUMP sold in exchange for 7.23 million USDC.

Gate News bot message, $5.8 billion worth of tokens will be unlocked in March. The notable token unlocks include: $RAIN $338.02M, $ASTER $56.02M, $SUI $48.65M, $ZRO $45.45M, $STABLE $29.41M, $BARD $25.16M, $POWER $23.04M, $PUMP $19.07M, $RIVER $18.42M, and $STBL $16.97M.