News

Pumpfun Solana Memecoin Sales Exceed 500K SOL, Totaling $162M

Key Points:

  • Pumpfun Solana Memecoin Sales reached 503K SOL, generating over $78.7M, boosting the platform’s market reputation.
  • The platform sold 40K SOL today, making it one of the most profitable protocols on Solana, with a cumulative revenue of 969K SOL.
Pumpfun Solana Memecoin Sales reached 503K SOL ($78.7M) out of 969K SOL in revenue. Today alone, it sold 40K SOL ($6.68M), solidifying its place as a top protocol.

Pumpfun Solana Memecoin Sales Surpass $78 Million in Total Revenue

Pumpfun is a Solana-based memecoin launch platform that has generated over 969,945 SOL to become one of the most lucrative protocols this year. Today’s sales of 40,000 SOL increase its accumulation to 503,343 SOL valued at $78.7M to further extend its lead, according to Lookonchain.

This memecoin launch platform continues to be the exception, raking in considerable revenue off the sales at an average of 156.4 SOL per transaction. The project is attributed to having good liquidity with fantastic traction amongst its users.

Read more: Pump.fun Token Launch Revealed Coming Soon

Record Sales by Pumpfun Highlight Its Success in the Solana Ecosystem

Recently, the sales of Pumpfun set new records within the Solana ecosystem, further extending dominance for this platform as an important player in the memecoin market. Today it sold 40,000 SOL, and its sales are above $78M for the sale of a total amount of 503,343 SOL.

The amount of sales recorded on the platform speaks to the strategic positioning of the game within the ecosystem. It has been one of the most consistent protocols this year, and Pumpfun has thus made quite the showing in the cryptocurrency space for all to see.

William

In the fast-paced world of day trading, I've honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn't from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. "The market is about probabilities," I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.

Recent Posts

Best Cryptos to Buy in December 2024: Qubetics Presale Goes Ballistic as Ethereum and Quant Look to Build Momentum

Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…

2 hours ago

USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products

Palo Alto, California, 21st November 2024, Chainwire

4 hours ago

Best Cryptos to Buy: Qubetics Set to Rise, Bitcoin Knocks at $100k Milestone, Avalanche to Release 1.67M Tokens

Best Cryptos to Buy: Qubetics presale rockets ahead, Bitcoin nears $100k, and Avalanche prepares to…

4 hours ago

Ike Goes Live on Mainnet: Unlocking Liquid Staking on Aleph Zero

London, United Kingdom, 21st November 2024, Chainwire

5 hours ago

Native USDC on Aptos Coming Soon to Boost DeFi and P2P Transactions

The move will see developers utilize USDC on Aptos in creating dApps on a wide…

5 hours ago

Coinshift Launches csUSDL, Announces Strategic Partnerships

Abu Dhabi, UAE, 21st November 2024, Chainwire

6 hours ago

This website uses cookies.