Kelvin Daminabo
Pump.fun, a popular memecoin launchpad, has announced the release of “Pump Advanced,” an upgraded trading terminal that promises to be the “fastest trading terminal” in the market. The new platform allows users to create a non-custodian wallet by logging in via email and boasts 0% fees for the first month. Additionally, Pump Advanced features mini charts, top holder stats, and social activity, making it easier for users to monitor meme coins in real-time.
At the launch event on October 19, the Pump.fun team hinted at a future token release but did not provide a specific timeline. The upgraded platform is already live and features a main page that showcases the launchpad’s newest meme coins in real-time. Users can purchase meme coins directly on the main page via the “Quick Buy” button and view meme coins awaiting launch on the “About to graduate” panel.
Since its launch in January 2024, Pump.fun has deployed over 2.5 million unique tokens, according to data from analytics platform Dune. Each meme coin is equipped with mini charts that show the coins’ market progression, live threads, and coin holders. The platform has been instrumental in the rise of meme coins in the crypto space, allowing anyone to create meme-inspired tokens on Solana’s blockchain.
In September 2024, Pump.fun became the fastest-growing application by revenue in the crypto industry, generating over $100 million in revenue in the first seven months after its release. The protocol has been a game-changer in the crypto space, providing a platform for developers to launch meme coins that trade on a bonding curve until their market cap exceeds $69,000.
The launch of Pump Advanced is a significant upgrade to the existing platform, providing users with a more seamless and efficient trading experience. With its user-friendly interface and real-time features, Pump Advanced is poised to further solidify Pump.fun’s position as a leading memecoin launchpad. As the platform continues to evolve, it will be interesting to see how the future token release impacts the crypto space.