Token

2024

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>Pump.fun’s revenue exceeds the top 20 protocols, sparking concerns over market saturation.</strong></li> 
 <li><strong>Traders express frustration as Pump.fun’s ease of token creation leads to increased scams.</strong></li> 
 <li><strong>Calls for better safeguards grow as Pump.fun dominates the meme coin market.</strong></li> 
</ul> 
<p>Pump.fun, a Solana-based token launchpad, has recently captured attention in the crypto community for its impressive revenue achievements and the growing criticism among traders. In the past 24 hours, Pump.fun’s revenue surpassed the total of the top 20 cryptocurrency protocols, marking a significant milestone in the platform’s short but impactful history. In just 3 hours, the <a href="https://coinedition.com/pump-fun-explained-how-this-solana-project-works/">Pump.fun platform</a> facilitated the launch of 10,000 new tokens.</p> 
<p>This explosive growth stems from the platform’s unique approach, which allows users to create and launch tokens in just one minute for a minimal fee of $2.</p> 
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   <p lang="en" dir="ltr">3 hours. Tens of thousands in the trenches. 10,000 coins.<br><br>ARE YOU NOT ENTERTAINED!? <a href="https://t.co/kr7KkmHzVx" target="_blank" rel="nofollow">pic.twitter.com/kr7KkmHzVx</a></p>— pump.fun (@pumpdotfun) <a href="https://twitter.com/pumpdotfun/status/1823190311876575338?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 13, 2024</a>
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<p>This low barrier to entry has made it possible for virtually anyone to create tokens. However, the platform’s ease of use has raised concerns about its role in f…</p>
<p>The post <a href="https://coinedition.com/pump-funs-token-factory-10k-in-3-hours-but-is-it-sustainable/">Pump.fun’s Token Factory: 10K in 3 Hours, But is it Sustainable?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Pump.fun’s Token Factory: 10K in 3 Hours, But is it Sustainable?

Coin Edition

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