Pump.fun Achieves Record Revenue from Memecoin and AI Frenzy
The token creation platform on Solana, Pump.fun, recently announced its October revenue of $30.5 million, marking the highest amount ever recorded.
Pumpfun Achieves Record Revenue From Memecoin And Ai Frenzy
November 8, 2024 – Pump.fun, the platform that enables anyone to create and launch tokens on the Solana blockchain, has just reported a new record in monthly revenue for October.
In October, Pump.fun’s revenue reached $30.5 million, up 111% from the previous month and surpassing the previous high of $28.64 million set in July. This marks an unexpected rebound for the platform following two consecutive months of revenue decline, which averaged a 29% decrease per month.
Pump.fun Achieves Record Revenue from Memecoin and AI Frenzy
Pump.fun Achieves Record Revenue from Memecoin and AI Frenzy
The primary driver behind this growth has been the significant surge in the value of memecoins—tokens inspired by popular internet memes. Notably, … 0 reply
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