Pump.fun, a popular meme coin, has seen a lot of activity recently. With
Coinbase CEO making them appear 'fun' and
Bill Ackman contributing to their realism, the price of this coin is under constant scrutiny. Many experts predict an approximate 3x rally, with potential tenfold returns. The coin has made impressive leaps, reaching 3 billion dollars in market capitalization, and is moving from purely meme status to utility tokens. However, it also experienced a 17% crash prompting discussions around its volatile nature. Predictions about reaching the $1 mark by 2026, and potentially $5 by 2030, are being tossed around. Whale investors have shown significant interest in this meme coin, and despite erasing gains, there is hope for improved real revenue and yield by 2025. The coin experienced a 1.1 million dollar buyback, despite a dip in its price.
Pump.fun has also regained the top spot on Solana following a surge after launch, but faces criticism for offering 'illegal gambling'. The platform experienced a liquidity exploit, causing a loss of $7 million, ahead of a significant token sale that raised $600 million, fully selling PUMP tokens. The token also saw a 10% jump and hit a 1.8 million dollar trading volume in a day. Despite high valuation, the public offering faced criticism, partially excluding U.S and U.K buyers. Focus has now been on incentivizing long-term activity, rewarding coin creators with revenue sharing.
Pump.fun platform is also praised, being dubbed the 'next memecoin to explode'. While popularity is skyrocketing, there's also ambivalence due to the volatility of the token, causing prices to fluctuate drastically
FUN Coin News Analytics from Thu, 27 Feb 2025 08:00:00 GMT to Sat, 01 Nov 2025 13:45:00 GMT -
Rating -2
- Innovation 4
- Information 5
- Rumor -7
