Pump.fun Leads Solana Token Creations, Surpassing Four.Meme
Recent shifts in the cryptocurrency market highlight a return of trader interest to Solana from the Binance Smart Chain (BSC). Key developments include:
- Pump.fun on Solana has surpassed Four.Meme in new token launches, with over 15,470 tokens created in 24 hours compared to Four.Meme's 6,420.
- $8 million in net inflows moved from BSC to Solana over the past week, signaling increased activity and interest in Solana-based projects.
- Pump.fun recorded 128 token graduations, surpassing Four.Meme's 107. Token graduation occurs when a token reaches certain liquidity or market cap thresholds.
- Despite competition, Pump.fun and Four.Meme generated platform fees of $1.04 million and $1.18 million, respectively.
- The PUMP token saw a 17% increase in holdings by smart money wallets, despite a 6% dip in value, trading near $0.003.
Snorter Bot (SNORT) Presale Highlights
- Snorter Bot, a Telegram-based crypto trading assistant, is gaining traction ahead of its token launch.
- The SNORT token provides access to premium features like advanced analytics and priority trade execution.
- Presale details: token price at $0.1083, $5.38 million raised, launching on Solana.
- Future updates will extend compatibility to Ethereum, BNB Chain, and other EVM networks.
These developments illustrate a dynamic shift in investor focus between blockchain platforms and emerging projects, indicating potential opportunities for strategic investment decisions.