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.
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.
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 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.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: flowstudio/123RF // Image Effects by Colorcinch
The Fresh New Memecoin Leaving Rivals (PEPE) and (BONK) For Dead A new memecoin has…
The world of finance is going through a seismic shift, and at the heart of…
Discover How Qubetics Solves Blockchain Fragmentation with Interoperability and Provides Early Access Through Its Whitelist…
The much-awaited Ether ETF launch was expected to play a massive role in Ethereum’s (ETH)…
Amid the ongoing market-wide correction, decentralized exchanges on Ethereum (ETH) have recorded substantial increments in…
It's the season of bears in the crypto market, and even the top altcoins are…