PUMP Token Poised for ICO Comeback: Buyback Frenzy and Meme Hype Fuel Explosive Rally
Memecoins aren't dead—they're just reloading. PUMP token, the infamous 2023 ICO darling, is staging a Lazarus-like recovery as strategic buybacks and renewed meme traction send its price soaring.
Buybacks ignite the fuse
The project's treasury has been aggressively repurchasing tokens—exactly what you'd expect when founders realize their Lambo dreams depend on propping up the price. These calculated moves have created artificial scarcity while retail traders chase the FOMO.
Memes make the machine go brrr
Meanwhile, degenerate crypto Twitter rediscovered PUMP's meme potential. Suddenly everyone's a 'long-term holder' again—at least until the next -50% dump. The token's community (bless their diamond hands) has been spamming 'WAGMI' with renewed conviction.
Just another day in crypto wonderland where fundamentals are optional and hopium is the real utility token. Will PUMP reclaim its ICO glory? Probably. Will it matter? The SEC's enforcement division certainly thinks so.
Pump.fun buybacks are NEAR their peak after the platform once again recovered higher daily fee levels. | Source: Fees Pump Fun
This program has turned PUMP into one of the major trending assets, boosted by regular buybacks and the involvement of the Glass Full Foundation. In the past few days, an inflow of new tokens and higher fees immediately translated into a spike in buybacks. So far, Pump.fun has bought back 0.67% of the token’s supply.
PUMP may position itself similarly to Hyperliquid’s HYPE, with guaranteed buybacks boosting the ecosystem. The token aims to leave behind its reputation of being a money-grab ICO, sliding toward zero due to insider selling. Instead, PUMP aims to encourage long-term holding and support for the meme and DEX ecosystem.
PUMP whales are still selling
PUMP recovered to $0.0036, getting closer to its IPO price. Over the past week, the token had several rallies, adding over 24%. For now, the growth of PUMP remains slower than its initial crash, as there are still whales liquidating their earlier ICO purchases. One of the whales acquired 1.1B PUMP tokens at the end of July, later selling all for profit a week later.
Influencers are also mostly selling their PUMP, though they are extracting much lower sums from the market. Currently, the PUMP in circulation is still above $1.2B, sparking hopes of a recovery based on the platform’s performance.
Over the past week, the platform returned to earning daily fees above $2M, promising to reinvest all its current revenues into buybacks. For the past month, Pump.fun has also not sold its SOL reserves, retaining its fees as reserves.
PUMP buybacks boost TOKABU to new price record
The Glass Full Foundation retains a portfolio of shortlisted tokens, spearheaded by Housecoin (HOUSE) and the Spirit of Gambling (TOKABU) memes.
TOKABU recently shot to an all-time high, adding over 65% in a single day. TOKABU peaked at $0.06, later sliding to $0.054, easily performing a 100X appreciation within less than 20 days. TOKABU also turned into one of the day’s gainers, attracting whale participation and smart money inflows.
After the near-vertical rally, on-chain data shows profit-taking has started, making TOKABU a risky proposition near its top valuation.
10 days later, $TOKABU is up over 385% 🔥
Top Holders and Smart Money taking some profits here at $54M MC but flows haven't fully flipped to sell side yet…
Room for higher? 👀 https://t.co/GlhAU0YXTV pic.twitter.com/Z4IULeFI6D
— Alphanomics 💧 (@Alphanomics_io) August 11, 2025
TOKABU outperformed where HOUSE still lagged, as the meme had already traded through its initial enthusiastic phase after the launch. Unstable Coin (USDUC) was also among the recent Glass Full selections, though the token has not achieved a vertical rally.
The latest selection of memes aims to repeat the phenomenon of cult tokens, but with assets originating from Pump.fun’s own portfolio. For now, those tokens reach valuations of $30M to $50M, lagging behind memes from the 2024 craze cycle, where $100M was often achieved in days.
The push to hit the status of hot memes with a cult community aims to offset one of the major faults of Pump.fun, where most tokens become illiquid and forgotten within a month.
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