Pump.fun, a social trading platform, has announced its partnership with Kolscan, which will allow users to access real-time profit and loss (PnL) data, rankings, and tools for copy trading.
What is Kolscan?
Kolscan, short for 'key opinion leader scanner,' provides users with up-to-date trading performance data, rankings, and other analytics. The platform has already attracted tens of thousands of users.
Pump.fun's Vision for Social Trading
Pump co-founder Alon Cohen framed the deal as a step towards turning trading into a social, gamified experience. He noted that users will be able to invest alongside friends, compare results, and track the conviction of others. 'Leaderboards and real trader performance will be central to the platform’s evolution,' he said.
Future of Kolscan Integration with Pump.fun
Through livestreaming tools, revenue-sharing for token holders, and Kolscan’s infrastructure, Pump is laying the groundwork for what it calls ‘crypto’s social media platform.’ The Pump team is discussing plans for additional features, including enhanced tools for copy trading visibility and more equitable trader recognition.
The integration of Kolscan into Pump.fun could significantly impact the future of social trading, providing users with more diverse and accessible trading tools.
