Memecoin launchpad Pump.fun has introduced “Pump Advanced,” an upgraded trading terminal, alongside hints of an upcoming token release. The announcement was made during an X Spaces event on October 19, where the Solana-based platform touted Pump Advanced as the “fastest trading terminal” available.
The new platform allows users to create a non-custodial wallet by logging in with their email addresses. As part of its launch promotion, Pump.fun is offering a 0% trading fee for the first month, along with enhanced features that facilitate real-time monitoring of meme coins. Notable additions include mini charts, statistics on top holders, and insights into social activity related to various tokens.
In conjunction with the launch of Pump Advanced, the Pump.fun team hinted at the future release of a new token, although they did not provide a specific timeline for this development.
As of now, the Pump Advanced platform is operational, showcasing the latest meme coins on a dynamically updating chart. This feature allows users to see new additions to the Pump.fun ecosystem in real time.
Data from analytics platform Dune indicates that, as of October 21, Pump.fun has deployed over 2.5 million unique tokens since its inception in January 2024. Each meme coin comes with mini charts displaying market progression, live discussions, and information on coin holders.
Additionally, the platform enables users to purchase meme coins directly from the main page through a “Quick Buy” button. Users can also find upcoming meme coins on the “About to graduate” panel at the top of the site.
In September 2024, Pump.fun was recognized as the fastest-growing application by revenue in the crypto industry, generating over $100 million in revenue within the first seven months of its release. The protocol has played a significant role in the proliferation of meme coins within the crypto space, allowing anyone to create meme-inspired tokens on the Solana blockchain. Once launched, these tokens trade on a bonding curve until their market capitalization exceeds $69,000.
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