
Pump.fun, a platform in the Solana ecosystem that specialises in meme coin trading, has witnessed an unprecedented surge with its market capitalisation hitting over $3bn. The platform's token hit a $1B+ trading volume, mainly propelled by the rising popularity of meme coins. In a surprising event, streamers on Pump.Fun additionally leaked Drake's Iceman Song, causing a massive 3,000% surge in engagement. Alongside its success in daily trading volume, streamers and content creators on the platform have set new records in earnings made. Further boosting its feat, Pump.fun has managed to surpass Hyperliquid in daily protocol revenue and has noted a significant 24% increase over the span of a week. There also exist expectations that the platform's native token, 'PUMP', can potentially reach a price of $0.1.
As memecoins surged in September, Pump.funβs daily volume crossed the $1B mark. In other intriguing updates about the platform, Binance has announced its plans to list pump.fun, likely leading to a price reaction from PUMP. The platform has even raised a staggering $600M in just 12 minutes as PUMP tokens sold out completely. Amidst all these records, Pump.fun appears to have taken the cryptoverse by storm with its dominance in the Solana ecosystem and its potential for further growth and success.
FUN Coin News Analytics from Mon, 12 May 2025 07:00:00 GMT to Wed, 17 Sep 2025 17:22:17 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 9