Pump.Fun, a meme coin launchpad operating on the
Solana blockchain, has recently witnessed several ups and downs. Initially, the platform injected
$1.69M into tokens, causing a surge in the market. Despite experiencing significant losses amounting to
$7M in liquidity exploits on
Odin.fun, allegedly carried out by Bitcoin hackers, the platform successfully managed to bounce back. To amplify its position in the meme coin wars,
Pump.Fun further purchased around
175.3m of its native currency,
PUMP, in merely four hours. Thereafter, the platform's token grew by
20%, helping it regain its much-coveted market leadership. As Pump.Fun continues their strides, they've managed to fend off
LetsBonk, a key challenger in the Solana memecoin launchpad. In efforts to stabilize its status amid these developments, the platform has recently launched the
GFF to bolster the liquidity within Solana's memecoin landscape. Despite the earlier losses, the platform managed to raise
$500 million from its ICO, which remarkably sold out within minutes. However,
certain sources have speculated that these presale funds may not be locked. Amid all this,
FUN Coin presents its price predictions, aiming to potentially hit the
$1 mark. Recently, Pump.Fun has found itself grabbing media attention for being associated with
illegal gambling allegations.
FUN Coin News Analytics from Thu, 01 May 2025 16:48:21 GMT to Wed, 13 Aug 2025 16:47:36 GMT -
Rating 5
- Innovation -3
- Information 2
- Rumor 1
