Recent noteworthy developments highlight the contentious and lucrative future surrounding memecoins and the Solana blockchain. While negative press and controversies like allegations of pump-and-dump schemes and harmful live-streaming impact companies like Pump.fun, the platform remains a hotbed for memecoin creation and a significant source of revenue/income. A lawsuit has been filed against them by Burwick Law regarding rug pulls and failed memecoins, and even public figures such as Crypto Law Firm have pursued legal actions.
Besides, the platform has managed to facilitate notable events such as creating $15.5 million in fees following its Anniversary, powered the Vine coin launch and now frequently allows users to convert tokens like Cash in the real world. However, it is noteworthy to mention that over 99% of traders have not met the lucrative $10K mark. A significant player, the Fun Auctions, crossed over $78 million, which included $65.4 million in U.S. Coins Sales.
In spite of some launches like Hard.fun beating Pump.fun in community empowerment, Pump.fun started 2025 with a record $14 million in daily revenue. Additionally, various educational guides have sprung up to shed light on creating memecoins on Pump.fun. While platforms like Swipe.fun ease memecoin trading, others like Emojicoin.fun tackle memecoin mania, as meme coin season takes off with over 50% of all Solana tokens minted from Pump.fun. However, platforms like SecondLane are selling Pump.Fun equity stake at a hefty $1.5B FDV.
FUN Coin News Analytics from Mon, 01 Jul 2024 07:00:00 GMT to Wed, 29 Jan 2025 15:59:52 GMT - Rating 0 - Innovation -3 - Information 8 - Rumor 4