- Pump.fun may soon launch its own token, though details remain unconfirmed.
- The platform powers most Solana memecoins and briefly earned $7M in daily revenue.
- Its rivalry with Raydium escalated after launching PumpSwap and reviving live-streaming.
Pump.fun—the platform behind a wave of Solana memecoin mania—is reportedly planning to drop its own token. While details are scarce, the word is that both private and public investors could get a piece of it. There’s no official launch date or exchange info yet, and Pump.fun hasn’t commented to confirm anything at the time of writing.
Launched in early 2024, Pump.fun’s taken off like wildfire, making it super easy for anyone to spin up a token in just minutes. It’s now behind the bulk of memecoin launches and trading activity on Solana, pulling in serious revenue and attention to the network. Daily revenue on the platform even topped $7 million back in January before leveling out to about $1 million a day.
New Features and Growing Competition
The platform’s token system runs on a bonding curve—prices shift with supply and demand. Originally, once a token hit a $69K market cap, it would “graduate” to Raydium, a decentralized exchange. But then things got spicy: Pump.fun dropped its own AMM called PumpSwap, prompting Raydium to clap back with LaunchLab, a rival token generator.
Pump.fun isn’t just about trading, either. It just brought back its live-streaming feature, which had been pulled earlier due to moderation issues. That feature’s comeback shows the team isn’t afraid to experiment, even when controversy’s in the air.
Eyes on the Future
Between the rumored token, rising competition, and feature relaunches, Pump.fun is definitely not sitting still. Whether this token becomes the next hot thing—or fizzles out—remains to be seen, but there’s no denying the platform’s influence on Solana’s memecoin ecosystem.
