Pump.Fun Updates
Pump.fun, a meme coin platform built on the Solana blockchain, recently shared plans for a native token launch to reward its early users. The announcement was made during an X-Space session on October 19, where the team also introduced Pump Advanced, a new professional trading terminal.
Token Launch and Advanced Trading Features on the Horizon
During the session, the Pump.fun team confirmed that they will be launching a native token, although no exact timeline was provided. A portion of the token supply will be distributed to early adopters via an airdrop as a reward for their ongoing support.
“We’re committed to rewarding our earliest users,” the team emphasized during the announcement.
This news has sparked excitement within the community, with many anticipating that a well-executed airdrop could significantly boost liquidity. One crypto analyst suggested that the airdrop should focus on top traders, developers, and other key participants, with eligibility determined by metrics such as trading volume and coin performance.
A prominent airdrop farmer, Vex, added, “Early users will be rewarded, but we’ve been farming this project for some time now. If the token includes revenue sharing, it could be a game-changer.”
In addition to the token launch, Pump.fun revealed Pump Advanced, a professional-grade trading terminal tailored for serious traders. This new interface offers advanced tools such as live charts, top holder statistics, real-time social activity threads, and improved filters, designed to enhance the overall trading experience.
A key feature of Pump Advanced is its integration with non-custodial wallets via the Privy authentication platform. Users will benefit from 0% trading fees for the first month, with fees to be introduced at a later stage.
The Pump.fun team noted that this advanced interface aims to help users maximize their trading potential by providing a data-rich environment with low transaction costs.
Pump.fun’s Strong Performance Amid Competition
Pump.fun’s recent developments come as the platform continues to thrive, despite competition from Tron’s SunPump network. According to Dune Analytics, Pump.fun has maintained robust trading activity, resulting in high daily active addresses and increased token creation.
In the last 24 hours alone, Pump.fun registered nearly 100,000 daily active addresses and facilitated the creation of over 31,000 tokens. During this period, the Solana-based platform generated $2 million in revenue.
This article is for informational purposes only and should not be considered legal or investment advice. The views expressed are solely those of the author and do not necessarily reflect the views of Caffeine and Crypto.
