The Solana meme launchpad pump fun generated 23% more revenue than the Solana blockchain itself, where these tokens are issued and traded further. The platform earned over $5 million in a day, surpassing the profitability of ETH, USDC, SOL, and all other projects in crypto.
Their idea to combine influencer streams and the launch of shitcoins paid off, but due to numerous complaints, the streams were disabled.