Record Revenues For Pump.fun Amid The Memecoin Crisis
Thu 02 Jan 2025 ▪
3
min read ▪ by
The Solana memecoin generation platform Pump.fun is approaching a revenue of 400 million dollars, according to Lookonchain, despite a significant decline in the overall market capitalization of memecoins in December.
Pump.fun reaches $400 million despite the chaos of memecoins
The Pump.fun platform has reported nearly 2.016 million SOL, equivalent to about 398 million dollars, according to the blockchain analyst Lookonchain. This colossal revenue comes as the memecoin market is experiencing a sharp slowdown.
In December, the global capitalization of…