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Welcome to Pump.fun!
Pump lets anyone create coins, giving everyone equal access to buy and sell from the start. Prices can move quickly, so trade carefully.
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every 5 minutes, cretaor fee's are directed to buying supply and burning instantly, therefore as time goes on, more supply will be burned and therefore price will rise as demand slowly increases too. First burn will be 5% from dev buy, then the bot takes over.