Pump.fun, a platform where users can launch tokens, has been responsible for 62.3% of all decentralized exchange (DEX) transactions on Solana this November, according to Dune data. The platform has been instrumental in the popularity of meme coins, but has also faced backlash due to controversial tokens and user activities.
There are concerns about the platform’s legality, and if it is shut down, it could have a significant impact on Solana’s network, as it relies heavily on Pump.fun.
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<p>The post Pump.fun: Meme Coin Platform Dominates Solana DEX Transactions first appeared on CoinBuzzFeed.</p>
