What is Pump.fun? Mastering Meme Narrative to Become the Most Profitable Application in the Solana Ecosystem

What is Pump.fun? Mastering Meme Narrative to Become the Most Profitable Application in the Solana Ecosystem

What is Pump.fun? Mastering Meme Narrative to Become the Most Profitable Application in the Solana Ecosystem

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Introduction to Application Projects
Fantasy.top Surpasses Solana in Profits
Pump.fun Becomes a Leading Application in the Solana Ecosystem
Despite the recent consolidation and bearish trend in the overall cryptocurrency market, many new applications have gained market attention in such conditions. According to data from DeFilLlama, two new applications, Fantasy.top and Pump.fun, have captured significant transaction fees in the past 7 days. Although these two applications have been online for a short time, they have quickly gained a large user base, resulting in a substantial trading volume.


Zombit previously introduced SocialFI, a Blast network-based application.
Fantasy.top
In the past seven days (starting from May 7th), it generated over $9 million in transaction fees, surpassing even Solana and ranking third among all “application-type” projects.

On the other hand, Pump.fun is a one-click meme coin issuance platform based on the Solana network. Pump.fun allows anyone to quickly deploy meme coins by providing a name, code, and JPG image, with costs even lower than $2. Users do not need to provide any startup capital, as the liquidity funds are raised from the community. Once the token market value reaches $69,000, $12,000 of liquidity will be automatically deposited into the Solana decentralized exchange Raydium and LP tokens will be burned.
Furthermore, every meme launched on Pump.fun does not have a pre-sale and cannot be pre-allocated to any team members, effectively preventing Rug pulls from occurring.

Additionally, the Pump.fun platform itself has a built-in messaging function, providing some social attributes in addition to being a meme coin facility.

Data shows that an average of 14,000 new tokens are issued on the Solana network every day in the past 2 weeks, with the majority happening on Pump.fun. Since May 2nd, Pump.fun has created 10,000 meme coins continuously for six days. According to DeFilLlama’s data, Pump.fun has generated over $3 million in transaction fees in the past seven days, and the daily transaction fees reached a new high on May 7th, surpassing $752,000, becoming the highest-earning application in the Solana ecosystem.