Pump.fun, the popular meme coin launchpad, has just recorded its highest monthly revenue ever $82.78 million in November. This is a massive 207% increase from October, where it earned $30.5 million.
According to DeFi Llama, this spike in revenue is the highest since Pump.fun’s launch in March 2024. With the month not over yet, the numbers are expected to grow, contributing more than 35% of its total earnings so far.
On November 20, the platform also set a new record by launching 69,046 Solana powered tokens in a single day. In just two weeks, it handled a total transaction volume of $4.15 billion, cementing its position as a leading meme coin marketplace.
However, the platform faced criticism over its livestream feature, which had been misused to broadcast harmful content. Following community complaints, Pump.fun has since disabled the feature and strengthened its moderation efforts to ensure user safety.
In a recent post, founder Alon acknowledged the concerns and emphasized the team's commitment to monitoring the platform and addressing harmful content. Users are encouraged to report any issues to Pump.fun’s support channels.
With rising user activity and expanding token launches, Pump.fun is shaping up to be a powerhouse in the meme coin space.
According to DeFi Llama, this spike in revenue is the highest since Pump.fun’s launch in March 2024. With the month not over yet, the numbers are expected to grow, contributing more than 35% of its total earnings so far.
On November 20, the platform also set a new record by launching 69,046 Solana powered tokens in a single day. In just two weeks, it handled a total transaction volume of $4.15 billion, cementing its position as a leading meme coin marketplace.
However, the platform faced criticism over its livestream feature, which had been misused to broadcast harmful content. Following community complaints, Pump.fun has since disabled the feature and strengthened its moderation efforts to ensure user safety.
In a recent post, founder Alon acknowledged the concerns and emphasized the team's commitment to monitoring the platform and addressing harmful content. Users are encouraged to report any issues to Pump.fun’s support channels.
With rising user activity and expanding token launches, Pump.fun is shaping up to be a powerhouse in the meme coin space.
Pump.fun, the popular meme coin launchpad, has just recorded its highest monthly revenue ever $82.78 million in November. This is a massive 207% increase from October, where it earned $30.5 million.
According to DeFi Llama, this spike in revenue is the highest since Pump.fun’s launch in March 2024. With the month not over yet, the numbers are expected to grow, contributing more than 35% of its total earnings so far.
On November 20, the platform also set a new record by launching 69,046 Solana powered tokens in a single day. In just two weeks, it handled a total transaction volume of $4.15 billion, cementing its position as a leading meme coin marketplace.
However, the platform faced criticism over its livestream feature, which had been misused to broadcast harmful content. Following community complaints, Pump.fun has since disabled the feature and strengthened its moderation efforts to ensure user safety.
In a recent post, founder Alon acknowledged the concerns and emphasized the team's commitment to monitoring the platform and addressing harmful content. Users are encouraged to report any issues to Pump.fun’s support channels.
With rising user activity and expanding token launches, Pump.fun is shaping up to be a powerhouse in the meme coin space.
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