Pump.fun unveils advanced trading terminal and teases upcoming token launch
The post Pump.fun unveils advanced trading terminal and teases upcoming token launch appeared on BitcoinEthereumNews.com.
Solana-based memecoin exchange Pump.fun has introduced its professional trading terminal, Pump Advanced, during an X-Space session. Additionally, the platform teased an upcoming token launch and promised rewards for early users. Pump Advanced enhances trading with new tools amid rapid growth Pump Advanced aims to enhance the trading experience by offering a variety of tools designed for frequent traders, including real-time update threads, advanced filters, detailed charts, and top-holder statistics. The platform also integrates with Privy, allowing users to log in through non-custodial wallets. Pump Advanced will operate without fees for its first 30 days, although future fees have yet to be disclosed. Hinting at the upcoming token launch, the team stated: “We’re going to make sure we’re going to reward our earliest users.” ~Pump.fun Pump.fun’s daily revenue has exceeded $1 million on multiple occasions this month. The platform’s cumulative fees reached $100 million at the end of August, and usage has recently increased due to memecoin Moo Deng. Moreover, on October 19, there were 92,140 daily active addresses, 42% more than the previous local high of 65,000 on July 31. On October 14, with 25,000 unique meme coins issued, the number of tokens launched in a single day also reached new highs, up 22% from the previous peak of 20,400 on August 13. Source: Dune Pump.fun noted that all the money they had made so far is being reinvested back into the platform, and they intend to create something as big as Binance or even larger. Pump.fun expanded to the Blast network amid setbacks from $1.9M SOL exploit Initially centered on supporting Solana, Pump.fun has since expanded to the Blast network. The platform enables users to create, issue, and trade their own cryptocurrencies by defining a name, ticker symbol, image, and description. However, Pump.fun has not had a perfectly smooth…
Filed under: News - @ October 20, 2024 7:16 am