CryptoWorld News reports that Wu said Pumpfun has destroyed all previously repurchased Pump tokens, approximately $370 million, accounting for about 36% of the circulating supply, in response to market questions about the purpose and sustainability of the buybacks. At the same time, it announced that over the next year, 50% of its revenue will be used for algorithmic buybacks and burns to reduce circulating supply and enhance mechanism certainty. This move is an adjustment taken after about nine months of high-income operations to address market trust issues.