Pump.fun claims to enable anyone to deploy an instantly tradable new token without seed liquidity for less than $2.
Pump.fun, a new memecoin launch and trading platform, has made $5.2 million in revenue over the past 38 days, generating $528,000 in fees just yesterday alone, according to The Block’s data dashboard.
It has attracted significant attention from the crypto community by allowing anyone to create and launch an instantly tradable new token without seed liquidity for less than $2 in under a minute. A bonding curve is a mathematical curve that determines the price of a token based on its supply. The price typically increases as more tokens are purchased.
BaoBaoSol became the first token to graduate from the bonding curve to a liquidity pool on Raydium, with users spinning up tokens with any name under the sun in the hope of gaining memetic traction.
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