
Pump.fun Dominates Solana Meme Coin Launches Amidst Scams and Controversy
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...