During an X space session today, Pump.Fun, a memecoin exchange based in Solana, made significant ripples by introducing a new sophisticated trading terminal and hinting at the upcoming introduction of their own token.
Designed for serious merchants, the platform unveiled its new “Pump Advanced” trading terminal. It encompasses a diverse array of sophisticated tools, such as real-time thread updates, filters, detailed statistics on top holders, and charts. One of the most interesting features is that Privy allows users to log in using non-custodial wallets, which guarantees additional asset control.
It is intriguing that the platform will operate without any fees for the initial 30 days. Although no specific figures have been disclosed, fees will be implemented at a later date. The Pump.Fun team discussed their strategy of rewarding their initial users during the discussion.
They underscored that they have reinvested all of the profits they have generated thus far into the enhancement of the platform, with the ambitious goal of increasing its scale beyond that of Binance.
Pump.Fun has experienced remarkable growth, with daily revenues exceeding $1 million on numerous occasions this month and cumulative fees surpassing $100 million by the conclusion of August.
Recent activity on the platform has increased significantly, primarily due to the prevalence of memecoins such as Moo Deng.
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