PANews reported on July 16 that according to Ember, pump.fun has started to use the fee income to repurchase $PUMP after issuing the token, instead of directly transferring it to Kraken for sale as before. In the past 7 hours, they transferred 187,770 SOL (about 30.53 million US dollars) of fee income to the designated address to purchase PUMP , and transferred the purchased PUMP to a dedicated address. So far, 111,953 SOL (about 18.34 million US dollars) has been used to purchase 3.04 billion PUMP , with an average price of about $0.006 .