Pump.fun Boosts Ecosystem Liquidity with New Foundation After $58M Buyback

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Solana memecoin launchpad Pump.fun has announced the creation of the Glass Full Foundation (GFF), an initiative aimed at bolstering liquidity for memecoins within its ecosystem. This move follows a significant token buyback by Pump.fun, which saw its token price surge by 4%. The foundation's launch is intended to support "diehard cults" by injecting capital into ecosystem tokens, though specific funding sources and project selection criteria remain undisclosed.

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