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Pump.fun DEX Volume Hits $2B With Top Meme Coins Rallying
Pump.fun, a Solana-based token launchpad and decentralized exchange, experienced a 99% increase in trading volume over the past week.
- Daily trading volume reached $2.03 billion on Jan. 6, marking a new all-time high.
- The platform earned $3.87 million in fees and generated $1.53 million in revenue in one day.
- Pump.fun is second in trading volume within the Solana ecosystem, following Meteora's $2.14 billion.
- The native token, PUMP, rose by 3.5% in 24 hours, priced at $0.00247, but remains 80% below its July ATH of $0.0121.
Leading Tokens on Pump.fun
- Increased interest in meme coins contributed to Pump.fun's momentum, with the meme coin market cap reaching $47.94 billion.
- Top traded tokens include FARTCOIN, PNUT, ACT, and WHITEWHALE.
- FARTCOIN leads with a market cap of $443 million and a 55.6% increase, now at $0.44.
- PNUT and WHITEWHALE gained 34.5% and 51%, respectively, while ACT decreased by 27%.