SecondLane Lists Pump.fun Equity at $1.5B Valuation 🤑
#SecondLane has listed a 1% equity stake in the memecoin protocol Pump.fun at a fully diluted valuation (
#FDV ) of $1.5 billion, priced at $15 million. Pump.fun, a popular platform on Solana, allows users to launch and trade memecoins with ease.
Despite not yet launching a native token, the platform has generated over $225 million in cumulative fee revenues, ranking among the top blockchain earners. Memecoins, though polarizing in the crypto community, now boast a market cap exceeding $122 billion.
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