Pump.fun Will Not Airdrop Despite $370M, 36% Burn

Pump.fun will not perform an on-chain airdrop to users by December 31, 2026. Pump.fun on April 28, 2026 burned roughly 36% of the circulating $PUMP supply, a cut reported at about $370 million, and the team said 50% of future revenue will be set aside for a programmatic buyback-and-burn for the nex…