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Pump.fun Achieves Record Monthly High Of $28.73M Worth Agreement Income!

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By on August 13, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Pump.fun Achieves Record Monthly High Of $28.73M Worth Agreement Income! appeared first on Coinpedia Fintech News

Pump.fun has reached a record monthly high of $28.73 million worth of agreement income accumulated during July. This comes two weeks after Pump.fun surpassed the Ethereum blockchain in 24-hour revenue on July 29, when the platform generated $864,000, compared to Ethereum’s $550,000 during the same period. The meme coin platform’s success is mainly due to the growing retail interest in meme coins, specifically on its native blockchain, Solana. Celebrity memecoin launches have also contributed to the memecoin frenzy.

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