Pump.fun, a key player that promotes the rise of Meme Coin has recently teased an upcoming
token while unveiling a new
trading terminal. In an exciting new update, users can also
tokenize videos. A report surfaced that the meme coin's AI trading bot terminal has profited approximately
$129,500 with a win rate of
100%. With over
1M SOL in lifetime fees, Pump.Fun proves lucrative for Solana token issuers.
The company has further introduced its Pro-Trading Terminal alongside its token launch plans. Amid the frenzy, data shows that only a small percentage of memecoins on pump.fun are successful enough to launch, sparking debates around this trend. However, creators are undeterred, as Pump.fun
offers $80 rewards for tokens that complete the bonding curve. This strategy aims to encourage more token launches, even as many struggle to surpass a
$1M Market Cap. Despite rising competition from rival platforms like Tron's SunPump and Ethereum's Ethervista, Pump.fun has consistently held its stance in the market. Grip over the Solana Meme Coin Platform has fluctuated multiple times, yet the platform consistently generates significant daily fees and revenues. Despite occasional exploits and setbacks, Pump.fun continues to retain traction in the Meme Coin Market, consistently outpacing major protocols in
daily revenue. Furthermore, the platform has recently made token creation free, shifting the initial fee to the initial purchases, sparking a new wave of user interest.
FUN Coin News Analytics from Fri, 16 Feb 2024 08:00:00 GMT to Wed, 23 Oct 2024 09:39:40 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 1
