Solana Ecosystem Meme Coin Generation Platform Pump.Fun The platform currently has a cumulative revenue of $94.5 million, a significant increase from $50 million at the end of June.
Pump.Fun has facilitated the deployment of more than 1.8 million Meme coins since its launch earlier this year, largely due to Solana's low transaction costs. The platform uses a bonding curve model to make price changes more predictable. Of the 1.8 million tokens created, only 1.4% successfully entered Raydium. Pump.Fun mainly generates revenue by charging 1% transaction fees and high-frequency trading volume.
Recently, the platform eliminated the cost of user token deployment and began to reward creators with 0.5 SOL (about $80) when the token crosses the bonding curve.
1.8 million meme coins finally ran out of a few decent ones. . . .
Retail investors' U all flowed to institutions!
