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Solana's memecoin mania pushes Pump.fun revenue above $30 million
The memecoin renaissance is back in full swing.
Over the past month, weâve seen a lot of meme-centric news. Roaring Kitty, the face of the 2021 meme stock rally, made his return to X. Pump.fun, the memecoin launchpad, was exploited for $1.9 million by a former employee. The face of dogecoin, the Shiba Inu Kabosu, passed away.
In general, the crypto market has also been buoyed by excitement around the surprise approval of the spot Ethereum ETF 19b-4 approvals and some more optimistic inflation data coming out in the U.S. this month.