Solana

Coin

<ul class="news-points"> 
 <li>Solana-based meme coin generator Pump has raked in $5 million since March.</li> 
 <li>The annual revenue is projected to be around $66 million.</li> 
 <li>Pump also saw a daily influx of $300K in fees on the SOL network alone.</li> 
</ul> 
Pump, a meme coin generator platform based on the Solana (SOL) blockchain, has swiftly emerged as a frontrunner in this market, raking in over $5 million in fees since its inception in March. 
Notably, the allure of meme coins lies in their cominal marketing and potential for astronomical returns. Pump <a href="https://pump.fun/board" target="_blank" rel="nofollow">offers</a> users a straightforward method to create their own tokens for a nominal fee of $2, tapping into the burgeoning <a href="https://coinedition.com/three-must-have-meme-coins-with-insane-potential-in-april-2024/">meme coin</a> frenzy that is rampant on the Solana blockchain. 
The platform’s popularity is <a href="https://defillama.com/protocol/pump#fees-revenue" target="_blank" rel="nofollow">evident</a> in its staggering revenue figures, with recent data showing a daily influx of $300,000 in fees on the Solana network alone. The annual revenue of the generator is projected to be around $66 million. 
Annual revenue projections based on current usage and growth paint a lucrative picture, further solidifying Pump’s position as a revenue-generating powerhouse in the digital asset ecosystem. …
The post <a href="https://coinedition.com/solana-based-meme-coin-generators-revenue-skyrockets/">Pump Meme Coin Generator on the Track to Make $66M in Annual Revenue</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Pump Meme Coin Generator on the Track to Make $66M in Annual Revenue

Coin Edition

Other articles published on Apr 9, 2024

Cardano & Ripple Communities Buzz Over Fezoo: The Presale Set to Challenge OKX’s Dominance

Google Sues Two for Crypto Scam Apps on Play Store, Tech Giant Aims to Set Legal Precedent

Ethereum Surges 8% as Alameda Transfers $14.75 Million in ETH to Coinbase

CertiK Reveals High-Risk Vulnerability In Telegram Media Files

After OKX, crypto.com is now fully licensed in the UAE

Birdeye Spreads Its Wings: Integrating Sui Network Into Crypto Trading Data Suite

Join our free newsletter for daily crypto updates!