• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Pump.fun: Meme coin platform revenues near $400 million

user avatar

by Giorgi Kostiuk

3 months ago


Despite a sharp decline in the global capitalization of memecoins in December, Solana's Pump.fun platform is nearing a revenue of $400 million.

Pump.fun revenues amidst memecoin crisis

According to Lookonchain analysis, Pump.fun generated about 2.016 million SOL, equivalent to approximately $398 million. These substantial earnings come at a time when the memecoin market is experiencing a sharp decline: in December, capitalization fell by over $40 billion, from $137 billion to $96 billion.

Challenges and resilience of Pump.fun

Last year was challenging for Pump.fun. In November, the platform suspended its live streaming feature following criticism over harmful content. This coincided with a warning from the UK's Financial Conduct Authority, leading to a 66% drop in weekly revenues by the year's end.

Future of the platform amidst new challenges

The start of the year has shown that users continue to engage with memecoins, demonstrating the robustness of Pump.fun's model and community loyalty. Amidst a slowdown in the crypto market, the platform shows potential for innovation, yet faces challenges in regulatory compliance and rebuilding user trust.

With revenue nearing $400 million, Pump.fun proves that memecoins, despite their volatility, continue to impact the crypto ecosystem. If the platform overcomes regulatory challenges, it could redefine the memecoin market in the future.

0

Share

Other news

Litecoin Outlook: Price Could Surge If Support Holds

Litecoin may double in price if it holds a key support level. Discusses whale activity and ETF news impacting price.

user avatarGiorgi Kostiuk

4 minutes ago

OKX's Fine by FIAU: Reasons and Consequences

Malta's Financial Intelligence Unit has fined OKX for AML non-compliance. An overview of the situation and the exchange's next steps.

user avatarGiorgi Kostiuk

5 minutes ago

Chainlink Faces Challenges: Whale Impact and Critical Trendline

Chainlink experiences price volatility amid whale activity and testing of a crucial trendline at $12.93.

user avatarGiorgi Kostiuk

7 minutes ago

Airdrops: The Hidden Treasure for Growing Your Crypto Portfolio

Airdrops are a powerful tool for increasing your crypto portfolio, allowing you to receive free tokens with no risk involved.

user avatarGiorgi Kostiuk

16 minutes ago

Bitget Successfully Obtains Digital Asset Provider License in El Salvador

Bitget secures a digital asset service provider license, expanding its crypto services in El Salvador's market.

user avatarGiorgi Kostiuk

19 minutes ago

Overview of Promising Cryptocurrencies for 2025: Qubetics, Polkadot, and Render

Analysis of new cryptocurrency projects: Qubetics, Polkadot, and Render, their opportunities and market impact in 2025.

user avatarGiorgi Kostiuk

28 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.