Pump.Fun, a Solana-based memecoin exchange, made some big waves today during an X space session, where they introduced a new advanced trading terminal and teased the launch of their own token down the line.
The platform revealed its new “Pump Advanced” trading terminal, designed for serious traders.
It includes a variety of advanced tools like charts, detailed stats on top holders, filters, and real-time updating threads. What’s neat is that users can also log in using non-custodial wallets through Privy, ensuring more control over their assets.
Interestingly, the platform will run with zero fees for the first 30 days, and while no specific numbers were shared yet, fees will be introduced later. In the discussion, the Pump.Fun team talked about how they’re focused on rewarding their earliest users.
They emphasized that all the profits they’ve made so far have been reinvested into improving the platform, with a bold ambition to grow even larger than Binance.
Pump.Fun has been seeing impressive growth, reportedly hitting daily revenues of $1 million on several occasions this month, and passing $100 million in cumulative fees by the end of August.
Recent activity on the platform has surged, driven by the popularity of memecoins like Moo Deng.
XRP has garnered significant attention due to its volatile price movements and its potential to reshape the global financial system.
The UAE has officially approved its first stablecoin backed by the UAE Dirham, marking a pivotal moment in the nation’s cryptocurrency landscape.
Ethereum’s recent surge above $4,000 has sparked a significant move from Justin Sun, the founder of Tron.
Cardano (ADA) finds itself at a critical juncture, trading at $1.01, as it faces the possibility of dropping below the key $1 threshold.