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Pump.fun Achieves $3.38M Revenue, Surpassing Hyperliquid’s $3.06M
Solana-based meme coin launchpad Pump.fun experienced an 8% daily gain on September 16, outperforming the broader crypto market. The platform's daily revenue reached $3.38 million, surpassing popular trading platform Hyperliquid, which recorded $3.06 million.
- Pump.fun generates revenue from fees on new meme coin creations and trading volume.
- Pump.fun has implemented a buyback policy using 100% of its revenue to repurchase PUMP tokens, totaling nearly $98 million since July.
- The platform ranks third on DeFiLlama's daily revenue board, behind Tether and Circle.
PUMP Token Insights:
- Current price: $0.0081 with a market cap of $2.87 billion.
- PUMP posted a 69% weekly gain with a $1.2 billion market cap surge.
- Potential Binance listing could impact future price movements.
- A whale turned a $3.4 million loss into a $3.86 million profit due to the recent rally.
- Strong support is near $0.0064, with potential to rise to $0.0092 if it breaks out of consolidation.
Maxi Doge (MAXI) Highlights:
- Presale funds raised: $2.22 million.
- Current price: $0.0002575.
- Offers a 146% annual staking reward for early participants.