Tag: pumpfun

In fact, the name alone should be considered a masterclass in contradictory branding. Fixing the promise It delivers something worse – a potential financial hangover of epic proportions. We’re obviously being sold the line that it’s all about democratizing finance, about getting everybody the opportunity to start their own crypto....

Pump.fun has emerged as a dominant force in the Solana meme coin market, generating over $700 million in cumulative revenue and briefly becoming the second-largest DeFi protocol after Uniswap in May 2024. The platform is incredibly successful, but it’s rife with controversy. It’s notorious for scams and pump-and-dump schemes, leading...