Pump.fun Revenue Performance
Solana-based memecoin generation and trading platform Pump.fun hit an all-time high of over $93 million in monthly revenue in November, according to DefiLlama data.
This figure represents a 207% increase over October's total of $30.5 million. Its cumulative revenue has reached $240 million.
The strong performance in October and November reverses a two-month revenue decline observed in August and September, where revenues fell by an average of 29% each month. This rebound indicates renewed investor interest and activity on the platform.
So far, over 4.2 million memecoins have been deployed via Pump.fun, as noted by Dune Analytics.
Pump.fun Ecosystem Growth and Market Performance
According to CoinGecko, the total market capitalization of tokens launched through Pump.fun currently stands at $6.63 billion, reflecting a 2.9% decrease in the past 24 hours. However, several tokens have shown impressive gains.
Memecoins such as Peanut the Squirrel have surged by 10% in the last 24 hours and achieved a 900% increase over the past month. Similarly, Moondeng saw a 99% jump in the past day and over 285% in the last month. Leading the monthly performance rankings is Act I: The AI Prophecy, which recorded a remarkable 3,500% increase in value over the past 30 days, according to CoinGecko.
Amid rising platform revenue, Pump.fun recently announced a new advanced trading terminal and teased an upcoming token launch in an X space in mid-October, marking a significant announcement for the protocol.
Pump.fun is "planning to launch a token in the future," the protocol's team announced alongside the reveal of "pump advanced," a trading terminal equipped with advanced features for power users.
Pump advanced's main view includes charts, top holder stats, advanced filters, live-updating threads, and other features designed to cater to heavy users of Pump.fun. The site also allows users to utilize non-custodial wallets by logging in via the authentication platform Privy.
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