On January 24, the volume of fees of the “Factory of Mem-Tokens” PUMP.Fun based on Solana amounted to $ 15.4 million-the maximum in history, according to Dune Analytics.
The activity in the protocol was facilitated by the excitement around Vine Coin.
The coin was created by Rus Yusupov, a co -founder of the mobile application of the same name that appeared in 2012. Then it was bought by Twitter. However, the service could not stand the competition with Instagram, Snapchat and YouTube, closing in October 2016.
Ilon Musk in one of his posts also stated that he was considering the possibility of returning Vine.
Breaking: Elon Musk Says X IS Looking Into Bringing Back Vine. pic.twitter.com/disgcy5d3y
– Sawyer Merritt (@sawyermerritt) January 19, 2025
Over the past two weeks, PUMP.Fun has processed transactions by $ 4.16 billion.
From the moment of launch a little over a year ago, users deployed 6.7 million tokens on the platform, paying 2.5 million SOLs in the form of commissions.
The number of unique addresses increased to 11.6 million
According to the results of December 2024, only 14,026 tokens from launched 1.2 million (1.16%) reached a binding curve and reached the Raydium decentralized exchange.
In January, the law firm Burwick Law from New York announced the preparation of the claim against Pump.fun on behalf of the “significant amounts” of investors in the meme-coin.
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Source: Cryptocurrency
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