The madcap rise of memecoin factory Pump.fun.

“Yet beneath this belch of Internet weirdness and low-fi web design lies one of the fastest-growing cryptocurrency businesses ever: Pump.Fun, a platform for launching memecoins, a type of crypto coin whose value rises and falls in line with the popularity of the memes it references. The platform went live in January 2024. In the 12 months since, it has been reported by third parties to have brought in more than $350 million in revenue through a 1 percent cut of trades.” ~ learn more