Pump.fun, a Solana-based platform for launching meme coins, is in the news! There were rumors of a new PUMP token, but the co-founder says it's not happening. Pump.fun also faces a lawsuit and some other problems.
- Rumors of a new PUMP token were false, according to the co-founder.
- Pump.fun is facing a lawsuit for possibly breaking rules about selling investments.
- Pump.fun had problems with a livestream feature that showed bad things.
- Even with these issues, Pump.fun is still very popular.
| Fact | Number |
|---|---|
| Possible PUMP token supply (rumored) | 420 million |
| Pump.fun's fees (alleged) | $500 million |
| Solana's share of DEX volume | 48% |
| Pump.fun's share of Solana DEX volume | ~60% |
