The revenue of Pump.fun collapsed after the live broadcast stopped
Pump.fun, a popular Solana meme coin launch platform, has seen a significant drop in its weekly revenue. This decline followed the suspension of its live broadcasting feature due to controversial content.
The platform's revenue had been rising at the beginning of November. According to DefiLlama, it peaked at $33.83 million during the week of November 18 to 24. This represents a 60% increase from the previous week and nearly a 400% increase compared to the beginning of this month.
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