In this post. Pump.fun continues to generate commissions in the Solana ecosystem by trading recently launched tokens.
Less than 1% of Pump. fun tokens are moving to the DEX, but trader interest remains high.
Pump. fun has no serious competitors and has managed to focus liquidity on trading #meme tokens.
Pump. fun continues to generate commissions from the new influx of memes. #Token fatigue hasn't hurt the platform, despite a 99 percent direct return rate.
Pump. fun continues to generate record revenues, providing liquidity for startups and easy token launches. In short, Pump. fun has surpassed all other apps and protocols in terms of peak 24-hour revenue; DEX and the meme launch platform have also surpassed the two major centers of #cryptocurrency activity, #MarketDownturn (ETH) and Tron (TRX).
Pump. fun is also at the top of the list in terms of weekly and monthly fees, rivaling not only the #Solana app, but the entire cryptocurrency ecosystem. The launch of a meme coin offering single liquidity and a single point of entry has helped attract new cryptocurrency users, with the number of new and returning users increasing in August, completely unaffected by centralized cryptocurrency market adjustments.
the creation of tokens on Pump. fun has also outpaced other types of Solana launches, with the rate of growth being consistent over the past few months: as of August 14, over 67% of Solana tokens have been created through Pump. fun, with a total of 1.76 million tokens mined.
Tracking fees between crypto protocols is inaccurate, with LidoDAO seeing the largest flows of fees due to redistribution. However, Pump. fun is the only protocol that comes as close as possible to attracting real users: Pump. fun generates around $30 million in startup and transaction fees each month.
See also Should we prepare for the release of US inflation data? While Pump.
Pump.
While Pump. fun is a major meme startup platform, it is different from all previous successful token launches.
Read us at: Compass Investments