Pump.fun Launches Mobile App for Trading Meme Coins on Solana
Pump.fun has launched a mobile app for trading meme coins on the Solana blockchain, accessible on Android and Apple devices. The app offers a variety of meme coins including Dogecoin, Shiba Inu, and newer tokens like Trump and Melania.
Key Points
- The app is not available in the UK due to regulatory issues.
- Users can create watchlists and manage portfolios through the app.
- Pump.fun has become a central hub for meme coin creators since its launch in January 2024.
- The platform has faced rumors about launching its own token, which were refuted by co-founder Alon Cohen.
- A class-action lawsuit claims Pump.fun facilitated the sale of unregistered securities, seeking damages for affected investors.
- Other blockchains are developing similar platforms, with BNB Chain introducing Four.Meme for meme coin creation.
Pump.fun's growth continues amidst legal challenges and increased competition in the meme coin ecosystem.