🚀 Crypto News: Pump.fun on Solana Hits New High!
- Pump.fun, the Solana memecoin generator, hit a record $28.73M in monthly revenue in July! 💰
- On July 29, Pump.fun surpassed Ethereum in 24h revenue with $864k compared to ETH's $550k.
- The success is due to growing retail interest and prominent memecoins on Solana.
- Celebrities like Caitlyn Jenner, Iggy Azalea, and Rich The Kid have also contributed to the memecoin craze.
📈 WIF is up 20% over the past week, becoming the 5th largest cryptocurrency on Solana, followed by BONK in 6th place.
- Total memecoin trading volume increased by 3% over the past 24 hours to $3.57 billion, but the total market cap decreased by 2.3% to $38.3 billion.
📉 However, the majority of memecoins on Pump.fun did not make it to their first DEX, with a success rate of only 1.41%.
👉 What do you think about the future of memecoin? Share your thoughts below! 💬#CryptoNews#Blockchain#BTC#Solana #Memecoin