The post Pump.fun Records $31.8M Revenue Amidst Memecoin Frenzy appeared first on Coinpedia Fintech News
Pump.fun’s revenue has surged above $30 million as creators launch tens of thousands of memecoins on Solana daily. Caitlyn Jenner launched her own token on pump.fun. Rapper Iggy Azalea also independently launched her token, $MOTHER, on Solana. Pump.fun recorded its highest revenue day on May 30th, bringing in $1.48 million. In total, pump.fun has now generated $31.8 million in revenue since its launch. This isn’t surprising as it’s the hub for new tokens on Solana, where nearly half a million tokens were created in the last month alone.