Is Pump.fun Fueling the Next Solana-Based Memecoin Explosion?
- Pump.fun, the Solana-based memecoin platform, sees a surge in volume and user activity
- The platform is preparing for a major token sale in mid-July amid airdrop speculation
- Analysts believe Pump.fun’s growth is contributing to Solana’s recent bullish momentum
Pump.fun, the Solana-based platform that lets anyone create and trade a memecoin in minutes, is attracting significant attention in the cryptocurrency industry.
Onchain data shows a constant stream of new memecoins launching on the platform, backed by significant trading volume that suggests it may be the engine for the next memecoin explosion.
What Do the Numbers Show?
In the past 24 hours, Pump.fun has attracted approximately $19 million in transaction volume and a $6.5 million trading volume.
That reflects the Solana-based memecoin trading platform’s adoption level and highlights its growing user preference compared to other memecoin ecosystems. Crypto analysts think Pump.fun may be fueling the upcoming memecoin explosion.
Related: Pump.fun Plans to Raise $1 Billion Via Token Sale Postponed Again, Now Set for Mid-July
What’s Next for the Platform?
The next few weeks could be an i…
The post Is Pump.fun Fueling the Next Solana-Based Memecoin Explosion? appeared first on Coin Edition.
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Is Pump.fun Fueling the Next Solana-Based Memecoin Explosion?
- Pump.fun, the Solana-based memecoin platform, sees a surge in volume and user activity
- The platform is preparing for a major token sale in mid-July amid airdrop speculation
- Analysts believe Pump.fun’s growth is contributing to Solana’s recent bullish momentum
Pump.fun, the Solana-based platform that lets anyone create and trade a memecoin in minutes, is attracting significant attention in the cryptocurrency industry.
Onchain data shows a constant stream of new memecoins launching on the platform, backed by significant trading volume that suggests it may be the engine for the next memecoin explosion.
What Do the Numbers Show?
In the past 24 hours, Pump.fun has attracted approximately $19 million in transaction volume and a $6.5 million trading volume.
That reflects the Solana-based memecoin trading platform’s adoption level and highlights its growing user preference compared to other memecoin ecosystems. Crypto analysts think Pump.fun may be fueling the upcoming memecoin explosion.
Related: Pump.fun Plans to Raise $1 Billion Via Token Sale Postponed Again, Now Set for Mid-July
What’s Next for the Platform?
The next few weeks could be an i…
The post Is Pump.fun Fueling the Next Solana-Based Memecoin Explosion? appeared first on Coin Edition.
Read More
Why Is BONK Up? ETF News Provides a Powerful Catalyst