Pump.fun, a Solana-based memecoin launchpad, has surged from $250K to $50M in daily trading volume and from 2,500 to 905,000 daily transactions since its April 2024 launch. The platform uses a bonding curve pricing model and has seen over 1.3 million token graduations to its native AMM, PumpSwap. With a lifetime trading volume exceeding $214 billion and 80 million unique wallets, Pump.fun's PUMP token market cap is around $2 billion, supported by a buyback-and-burn mechanism. However, the platform's volume could drop sharply if market sentiment shifts, impacting the token's price support.
Pump.fun (PUMP) has risen 42% over the past week and 126% in 30 days, trading at $0.004564, which is 47% below its 12-month high of $0.008619. The token's price is well above its 50-day and 200-day moving averages, indicating a strong upward trend, b...
Pump.fun has introduced trading support for HyperEVM tokens using USDC, expanding beyond its Solana-based market. The platform offers nearly zero trading fees and referral rewards to users, allowing them to trade tokens issued on the HyperEVM environ...
