Pump.fun: Making Meme Coins Accessible on Solana

A deep dive into the pump.fun memecoin craze and reasons behind it.

A deep dive into the pump.fun memecoin craze and reasons behind it.

tah_eth

Posted on Nov 10, 2024

Lemme guess, you hear about a new pump.fun ticker everyday but you don’t really know what the platform is and how it works. I got you with this one, let’s dive in.

Pump.fun is a platform taking a unique spin on meme coin launches by offering a simple, fair, and zero-cost platform on Solana. Here, anyone can launch a meme coin quickly and flexibly. The twist? If the coin reaches a market cap of $69,000, it’s listed on Raydium.

To keep things fair, Pump.fun bans token allocations to founders or “inside” teams, eliminating the chance for creators to preemptively fill their own pockets. There’s no vesting schedule, and no lock-ups - just a straight-up fair launch.

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tah_eth

@tah_eth

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