PUMP jumped 6% as Pump.fun burned $370 million of tokens, removing 36% of the supply and locking half of the revenue for burns.
The dominance of Pump.fun shows no signs of slowing down. The leading token launch platform is now responsible for over 50% of new token launches. Pump.fun remains the dominant path of creating tokens ...
Pump.fun, the leading Solana-based meme coin launchpad, said Tuesday it has permanently burned approximately $370 million worth of $PUMP tokens previously repurchased in the open market.
Pump.fun burns $370M in PUMP and commits 50% of revenue to buybacks after months of investor concern over token value.
Solana's status as the top tier memecoin chain is largely due to its ascendant launchpad, Pump.Fun. This minimum viable memecoin factory redefined the way crypto investors create and bet on joke ...
Add Yahoo as a preferred source to see more of our stories on Google. A report by Solidus Labs has revealed the alarming scale of fraudulent activity on the Solana blockchain, with 98.6% of tokens ...
Pump.fun is set to release approximately 10 billion PUMP tokens, equivalent to 1% of its total supply and 1.69% of its ...
A new report by Solidus Labs on Thursday exposed rampant fraudulent activity in Solana's (CRYPTO: SOL) meme coin market, identifying that 98.7% of tokens on the decentralized exchange Pump.Fun are ...
Bots are likely behind most of the memecoins launched on Pump.fun and LetsBonk, according to Coinbase's head of product, Conor Grogan. Automated bots are likely behind most tokens that launch on the ...
Pump.fun’s fee account still holds over $47 million worth of Solana tokens, which could add more selling pressure. Solana’s price was resilient despite continued selling pressure from the memecoin ...