The Pump.fun team, the popular memecoin distribution platform on the Solana (SOL) network, announced the upcoming token release and new trading terminal “Pump Advance” at the X Spaces event on October 19th. No exact timeline was given for the upcoming token launch, but more information about the Pump Advance platform was shared.

Pump Advance makes it easy to choose from millions of memecoins by offering sparklines, top holder data, and social indicators. It also announced 0% fees for the first month and improved login security options via Privy.

According to Dune Analytics, 98.5% of memecoins on the Pump.fun platform cannot be listed on Raydium. An $80 incentive will be offered to token creators in August 2024.

What do you think about Pump.fun? Let’s discuss in the comments.