Solana Meme Coin Launchpad Pump.fun Reaches Record Monthly Agreement Income
The Solana meme coin creation platform Pump.fun has reached a new all-time high in monthly agreement income. During July, the meme coin launchpad recorded $28.73 million worth of agreement income, according to an Aug. 13 X post by news aggregator, Entropia Intel. This is just two weeks after Pump.fun surpassed Ethereum in 24-hour revenue on July 29. Pump.fun Activity Driven By Meme Coin Hype Much of Pump.fun’s success can be attributed to the investor frenzy that erupted around Solana meme coins in the past couple of months. During this craze, several celebrities including Iggy Azalea, Caitlyn Jenner and Rich The Kid all looked to capitalize on the hype with the launch of their own tokens. I will leave my mark on this space. $MOTHER will be a blue chip coin. Manifest it ✨ pic.twitter.com/pPtitXHv72 — IGGY AZALEA (@IGGYAZALEA) August 9, 2024 Not all of these cryptos go on to stay in the market. In fact, the majority of meme coins created via Pump.fun ...