Memecoin platform
Pump.Fun, known for generating numerous derivatives, has been hit by controversies:
Sniper Wallet scheme reportedly siphoning 15,000+ Solana Memecoins, the platform's significant 80% token production decline, and a reported $40B drop in memecoin market cap, despite hitting impressive revenue milestones. Its attempts to rival the meme coin space, such as launching
PumpFi grants for meme coins and NFTs projects, and bringing back features like livestreaming after suspending due to inappropriate meme coin content, were met with varying degrees of success.
An exciting disruption comes from
Eliza Labs' auto.fun, a no-code AI element added to Pump.Fun looking to further automate the memecoin generation process, bringing an innovative approach. The landscape heats up as several new players like
Odin.fun,
Raydium's
LaunchLab, and
Fist.Fun offer fresh competition and challenge Pump.Fun.
Regardless of the controversies and competition, the FUN Coin stands out as a promising investment vehicle.
FUN Coin, though part of the meme coin craze, is suggested to be the secret to your next big investment. Furthermore, Pump.Fun's
PumpSwap DEX processing $2.5B of trades in a week signals the platform's significant trading activity.
However, Pump.Fun urged users for caution after its X account was hacked. Also, as the memecoin market faces decline,
Pump.Fun Co-Founder dismisses token plans and even criticizes Base’s Meme Coin Experiment.
FUN Coin News Analytics from Wed, 23 Oct 2024 07:00:00 GMT to Tue, 22 Apr 2025 17:58:00 GMT -
Rating 6
- Innovation 5
- Information 2
- Rumor -2
