Since its inception in January 2024, Pump.fun has seen a staggering amount of activity, with over a million tokens launched through the platform.
In just the past 24 hours, 5,000 coins were introduced on @pumpdotfun, showcasing the platform’s continuous momentum.
Over a million tokens launched from pumpfun since its creation in January of 2024.
Share your experiences so far 👇 pic.twitter.com/lvSUDJXIwD
— Famous (@Famous_999_) September 1, 2024
However, only 74 of these tokens have successfully made their way to Raydium, and just one has managed to reach a market cap of $1 million—a clear indicator of the high stakes and competitive nature of the market.
In the last 24 hours, 5000 coins launched on @pumpdotfun
Only 74 tokens made it to raydium, and Only one token made it to a million marketcap..
are we nearing to the end of meme coin cycle on solana ? pic.twitter.com/VG7eD4xFD1
— Axel Bitblaze 🪓 (@Axel_bitblaze69) September 1, 2024
Pump.fun Total Revenue Has Now Surpassed 680,000 $SOL, Equivalent To $91 Million
Pump.fun’s total revenue has now surpassed 680,000 $SOL, equivalent to an impressive $91 million. This milestone highlights the platform’s growing impact in the crypto space. To date, Pump.fun has sold 254,074 $SOL, amounting to $40.26 million, at an average price of $158 per SOL.
The total revenue of https://t.co/DrKlYnPhBq has exceeded 680K $SOL($91M)!
And https://t.co/DrKlYnPhBq has sold 254,074 $SOL($40.26M) at an average price of $158.https://t.co/8Jozj9QqvE pic.twitter.com/mcyXKCqwOk
— Lookonchain (@lookonchain) September 1, 2024
The fact that Pump.fun has managed to achieve such a substantial revenue, with an average sale price of $158 per SOL, underscores its success and growing dominance in the market. The platform’s continued growth and ability to generate significant revenue are strong indicators of its influence and potential in the ever-evolving world of cryptocurrency.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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