Since its launch in January, more than 1 million memecoins have been created on Pump.fun
2024-07-13 22:09:45
One of the biggest winners of the cryptocurrency memecoin craze has been a project with a design similar to the anonymous social media platform 4chan. Since its launch in January, more than 1 million memecoins have been created on the Solana and Blast blockchain-based cryptocurrency projects, according to data collated by Subin An, a data analyst at cryptocurrency venture capital firm Hashed. According to data aggregated by An and calculated by Bloomberg, Pump.fun is gaining popularity as the go-to place for retail investors to create and trade memecoins, bringing in over $50 million in estimated revenue in just six months.
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