Blockchain platform Pump.fun pulled off one of the largest-ever crypto token sales, raising a staggering $600 million in just 12 minutes over the weekend, in yet another sign that the memecoin frenzy is far from over.
Solana’s memecoin generator Pump.fun has been in the news for all the wrong reasons lately as a growing percentage of the global crypto community calling for the platform to be shut down.
Pump. fun, the Solana-based memecoin generator which allows users to create a memecoin instantly with few clicks has surpassed 1 million Solana in earnings with its ecosystem market capitalization hitting the $2.31 billion mark.
