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Pump.fun Plans Token Airdrop as Activity Surges
Premier Solana memecoin launchpad Pump.fun is planning to launch a token as its activity levels surge.
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Memecoin platform Pump.fun is on a roll, announcing token airdrop plans following a week of record activity on the Solana network.
What's the scoop?
- During a Twitter Spaces event for the new Pump Advanced trading terminal, Pump.fun co-founder Sapijiju said the team was planning an airdrop that would “probably be a lot more lucrative than anyone else in the space.”
- The news comes as Pump.fun saw its trading volume hit an all-time high of $1.1 billion last week, with a record 31,600 tokens launched in a single day.
- Notably, Pump.fun has facilitated the creation of over 2.5 million Solana tokens since its launch, generating $140 million in fees and birthing numerous viral memecoins.
Bankless Take:
Pump.fun's explosive growth underscores the ongoing appeal of memecoins in crypto. With a token and airdrop, the platform’s popularity could skyrocket even further, especially among Solana users.
However, with memecoin markets historically prone to volatility, it remains to be seen how sustainable this growth will be. Whatever happens, keep an eye on Pump.fun's next moves—they could set new trends for Solana's memecoin landscape for years to come.