Jarms

Pump.fun’s $370 Million “Burn”: Extraction Masquerading as Tokenomics By: @PigeonSignal In the chaotic world of Solana meme coins, Pump.fun has been the king of fair launches: zero creator premines, instant tradability, bonding curves letting anyone ape in from day one. Millions of degens flooded the platform, generating over $1 billion in cumulative protocol revenue. Yet instead of returning meaningful value to creators, traders, and degens who built it, the team extracted it. Per their fees dashboard, Pump.fun used revenue to purchase $370,465,674 of its own $PUMP token thats 127.6 billion tokens, or 36 percent of circulating supply. Daily buybacks consume nearly 100 percent of net revenue (example: April 27, 2026 455.7 million $PUMP for $808k). They call it a “burn style buyback,” with tokens in auditable wallets. DefiLlama shows $368 million funneled into these buys. This isnt a true burn or airdrop. It’s a buyback funded by user fees. Creator cuts are just 0.3 percent; the protocol takes the rest and props up $PUMP. The team states net revenue goes to “strategic investments,” and $PUMP holders get no revenue rights. Pump.funs users are the creators and hype engines. Their activity built a $1B revenue machine via private sales and ICO. Yet they get crumbs: no big airdrop, no ecosystem grants, no Solana wide burn. Just relentless token buys while critics note insider dynamics. They could have airdropped to active users, funded grants, or rewarded the flywheel. Instead, value flows upward to early holders. This isnt alignment its crypto grift with on chain transparency. Pump.fun democratized launches but not the upside. The $370 million “burn” isnt a gift. Its value vacuumed from players into the casinos owners. The house never loses.

@dedmeow5 @BluntCap @Zghire_ There is likely no consequence and that’s the problem. We are hyping a crime season meta where u can do whatever u want without facing any consequences. @POTUS thanks btw :) mfer!

@BluntCap @Zghire_ not how i roll, but just saying. these ppl don't think about the consequences of their actions..

you know what i think about often? people who fuck over the crypto trenches on a grand scale... you are stealing from one of the least ethical, sketchiest groups of people who also have a knack for sleuthing and doxxing... So @Zghire_ , tell us how did you sleep last night?

@MadSolCook @basilda_a U don’t understand the text 😅 Read it again, she wrote it for people like u

@basilda_a Why don't you just sell the top on every coin? 🫢

after round-tripping 7 figs once on a memecoin which was first 200x + for me, I've learned the hard way: - no community is to be trusted, it's all a psyops, people will move on and never look back - sell the first big pump works in 95% cases, spending time and energy on the community won't pay back but will rug u with precious time and opportunities somewhere else - i think it's a sign of delusional retarderness to hold a coin when u r up more than 50x - supporting publicly a memecoin and community will rekt u from selling the right moment, so better not work for your bags in most cases

@PennyBandungnt @loshmi People sending 180k to a no name KOL and wonder they get rugged 😬 they will never learn

@loshmi every presale feels like a sure thing until the launch market checks reality

i put 10sol into presale and $1000 on the launch that $1000 on the launch that i’ve put is merely worth $300-$400 bucks right now unfortunately that’s crypto for ya ggwp

@KaikoHQ "It took me years to gain the knowledge needed to find these kinds of gems." Bro you buying a coin called scame LMAO

$200 -> $145k in couple of hours. Only in crypto. $SCAM is the kind of opportunity everyone comes across, but honestly, very few know how to capitalize on it. It took me years to gain the knowledge needed to find these kinds of gems. But I’ll always share my knowledge, insights, and calls with my community, they’ve made a fortune thanks to me.

@manyaaww @Zghire_

this guy @Zghire_ who had raised 175k from presale ended up putting presale funds into farming printr airdrop, and rugged his own community now the Printr founder has blacklisted him from the airdrop for rugging his own community karma is real💀

@fazepastels @daumenxyz " i sold too early" mfers cant hold anymore. but p is p

@daumenxyz how are u fully out of that coin at 100k do u have a mental disability

POV I sold too soon 😭

@Stxrr_web3 would be dope :D His entry is too good and i mean what else we need to send then the ticker SCAM? :D

@Wasauchimmerer1 i think he's still holding tbh

Nyhrox just made $51,000 off Scam Altman + 615 SOL

@Zghire_ Never wrong, just early😆 x.com/Wasauchimmerer…

This is my last tweet. I officially quit. I’ve had some amazing years here, but the toxicity has drained all the joy out of it for me. Time to move on. Wishing the real ones the best. $Bepin is going to be given to a friend of mine and i will never touch my own supply. Bye.

@badattrading_ You can’t hate them enough :)

Yenni is no better than Scharo or Doji In $shitcoin (CA 3an9yRptpMZyTJeCdHpmBYfN1j23WB93jW7fToHBpump) His wallets : 5B52w1ZW9tuwUduueP5J7HXz5AcGfruGoX6YoAudvyxG DqaX7cSNWvgMhp6AnFDc7R2yLKaQJzLJDy2M15LBKRah 4JhFoLRY9NTR3bYKVWu4ycoPLEvuSLyrVEdxDzKcAZDM HaZg1RrXtQatSYEK9SgQob6cWVJDoV8ZUFzSYeYg73WJ 3Yg4yzZf7RjEpJBbi4NiNxDHfkvixvt1o5yVSXpY9r4A 96W9DoJmdRn5TV1YjAtZ4pH21B7YLop4gkhCSBU4Be3m 8.6% of total supply, and I suspect even more wallets

@vndrVogelweide @BigBudDeluxe Hauptsache es hält irgendwie 😜besser als nichts

@BigBudDeluxe Stark. Wir haben damals nur Frischhaltefolie und Gummibänder bekommen.

Erstmals im Leben Kondome gekauft (für den Fall, Kind wird 12). Herrjemine, das ist ja schlimmer als bei den Nudelssorten. (* Es wurden die Billy Boy Normal und die Durex extra small)

@MidTermDev had this... had that... bro keep rugging your token since u are clearly unable to hold anything :)

Had: 4% of $HAY 6% of $UPEG 2% of $2027 2.5% of $XBT (All at the same time) I got impatient and sold all for a huge loss. All I had to do was nothing. We’ll get it back.

@badattrading_ Just wait for dojis trump coin next ;)

Obviously that was a time bomb $LASTMAN

@sahararenee1 @mark_slapinski Exactly what he said not wanted to. Bruh 😁😁😁

@mark_slapinski He’s never gonna lose the midterms dumbass and of course u wanted him dead

I am glad the president wasn't killed tonight. Not because I like him. Just because I want to see him lose the midterms and be thrown in prison.

@mezooterxbt @Fieldtester_ Was watching the launch and bro just check early wallets buying 😅 looked like a scam/washtrade before people knew what printr was 😅 bundled like crazy

@Fieldtester_ Never

Another launchpad doing a pre sale that is gonna be down only for a year. Literally nobody is gonna make money off this but insiders.

@badattrading_ @turtleonchain And people still buy his shit 🤣

@turtleonchain and he's still around

This account keeps shilling bundled scams from the main rugging industry poisoning our market, all the bundled shits you see on dex are from the same people. When it's exit liquidity day you'll lose it all