Pumpdotfun Flips Ethereum in 24-Hour Revenue!
Pumpdotfun is a platform that lets users launch a coin that is instantly tradeable for under $2 with one click.
Mostly, it is used for launching memecoins.
It earns revenue via a 1% swap fee from users buying and selling tokens, and it also nabs 2 SOL when a token draws enough liquidity to be listed on the decentralized exchange Raydium.
Its cumulative revenue has already surpassed $50M.
It shows us that memecoin season is still here and it only continues to grow