Pump.Fun

Pump.fun, a platform that enables users to generate their own speculative tokens, amassed an impressive $600 million within a mere 12 minutes on Saturday. What Happened: The initial coin offering (ICO) of Pump.fun is among the largest ever, following closely behind Bitcoin’s recent record-...

Pump.fun may be one of the most polarizing platforms in crypto, but its financials are hard to ignore. In a valuation breakdown, 10x Research concludes that the Solana (CRYPTO: SOL)-based memecoin launchpad’s rumored $4 billion valuation, leaked via a now-deleted token sale page on Gate.io,...

The Shiba Inu (CRYPTO: SHIB) ecosystem announced Sunday a partnership with token launchpad DegenSafe, aiming to bring a safer alternative to memecoin deployment and protect traders’ interests. What Happened: Shiba Inu’s official X handle quoted DegenSafe’s post on its new...

Crypto analysts and legal experts are raising alarms over Pump.fun's planned $1 billion token sale, warning that the platform's growing dominance in meme coin issuance risks concentrating liquidity, destabilizing Solana's (CRYPTO: SOL) DeFi ecosystem and amplifying fraudulent activity. What...

Editor’s note: the story has been updated with a statement by Pump.fun. A new report by Solidus Labs on Thursday exposed rampant fraudulent activity in Solana's (CRYPTO: SOL) meme coin market, identifying that 98.7% of tokens on the decentralized exchange Pump.Fun are involved in pump-and-...

The cryptocurrency landscape is experiencing an unprecedented surge in token creation, with January 2024 marking a new high of over 600,000 new tokens launched in a single month. This record-breaking figure, highlighted by CoinGecko co-founder and COO Bobby Ong, is raising concerns about market...

Solana (CRYPTO: SOL)-based meme coin launchpad Pump.fun was hit with a class-action lawsuit on Thursday, claiming that all tokens created on the platform are unregistered securities. What happened: The suit, filed in a New York federal court, named Baton Corporation, a U.K.-registered company, as...

Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing...

After melting hearts with her cute mannerisms, viral internet sensation "Moo Deng" is helping cryptocurrency traders multiply profits. What happened:  The adorable baby hippo has been charming social media users and attracting long queues at the Thailand zoo where she is housed, ever since the...