Multiple events in the
cryptocurrency industry have recently gained attention. Pump.fun, a token that falls under the category of meme coins, managed to raised
$600 million in a record-breaking time of 12 minutes. These funds were garnered as part of a token sale. This rapid rise is expected to be followed by a prolonged DeFi boom on the Solana platform. Industry experts are predicting a bright future for PUMP, with potential growth leading Solana's DeFi boom up until 2030.
January was a particularly good month for PUMP token, with a bounce back of 60%.
A similar optimism surrounds
FUN coin, which is predicted to touch the
$1 mark. However, there have been serious allegations of
meme coin harassment from Pump.fun. Despite this setback, PUMP token managed to double its usage recently. Those interested in creating their own meme coins can use the
Pump.fun launchpad.
There is also news that Pump.fun will launch the
PUMP token via an Initial Coin Offering (ICO) in July. Owing to the growing use of meme coins, this launch is eagerly anticipated by industry enthusiasts. Although Pump.fun faced a fall in revenue as traders moved onto other platforms, the company remains influential in the space. Pump.fun maintains a significant market dominance and has been responsible for 70% of token launches and 56% of transactions on the Solana Network.
FUN Coin News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Sat, 31 Jan 2026 10:59:00 GMT -
Rating -2
- Innovation 8
- Information 10
- Rumor -2
