đGood news! According to Subin Alon, a data analyst at crypto venture capital firm Hashed, the crypto project Pump.fun, based on the Solana and Blast blockchains, has created more than 1 million Meme coins since its launch in January. đź
Pump.fun has become increasingly popular as a preferred place for retail investors to create and trade Meme coins, bringing in more than $50 million in estimated revenue in just six months. đ°
Alon introduced that the design of Pump.fun was inspired by the minimalist style of 4chan, because the initial target group was 4chan forum users. This year, Pump.fun has also attracted the attention of celebrities including rapper Iggy Azalea, who launched a token called MOTHER on Pump.fun. đ€
Alon said that Pump.fun has also been influenced by SocialFi platforms such as Friend.tech, which are seen as competitors to X and other social media giants in the cryptocurrency field. đ
For those of us who are optimistic about Bitcoin, seeing such news is undoubtedly a great encouragement to the entire cryptocurrency market! đ„ł