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Pump.fun wants to issue a token? The studio has already opened the book

Pump.fun wants to issue a token? The studio has already opened the book

ChaincatcherChaincatcher2024/10/23 06:12
coin_news.by:Foresight News

Pump.fun Space, a quick overview of the latest updates.

Written by: shaofaye123, Foresight News

Pump.fun's revenue has repeatedly hit new highs, surpassing the total income of 24 protocols, with the Sol sold in the past few months alone exceeding the Ethereum Foundation's annual budget. Major platforms remain highly popular, with various clones emerging across chains, and discussions about Pump.fun have never ceased. When will the token be released? Will there be an airdrop? Let's hear what the team has to say.

What is SPACE discussing

On October 20, Pump.fun held a new session of X Space live, attracting 11K listeners. During the Space, Pump.fun announced significant upgrades to the product, discussing the recently launched new feature Pump.fun advanced, and also addressed user concerns about the airdrop.

(Interested readers can listen to the Space )

Is the airdrop really coming?

During the Space, Pump.fun co-founder Sapijiju hinted at future token and airdrop plans, although an official timeline has not yet been confirmed.

In response to a question about the airdrop, he said:

"We do plan to launch a token at some point in the future. I won't say when, everything will be fine. Our airdrop, no guarantees here, may be more lucrative than any project in this space. "So, and another thing I do want to confirm, like we are definitely planning on launching a token at some point in the future. Again, like not going to say when, how it done, whatever that maybe that's, that's all to come. But again, like obviously our goal is to make our users rewarded and to some extent. And yeah, again, like I think our Airdrop will probably no guarantees here, but will probably be quite a lot more lucrative than anyone else at the moment in the space, I would say."

Additionally, during the Space, the co-founder hinted that future airdrops may only be for users who have used Pump.fun advanced, indicating ambitions to capture the Bullx and Photon markets based on their recent zero-fee offer to users for the first 30 days.

Airdrop strategy

A good project does not necessarily have a good token price; how the specific token will empower users and how the TGE will be designed has not yet been announced, suggesting that Pump.fun's token release may still take some time. However, Memecoins on Solana have already seen volume-boosting bots, trading at 0.000026 Sol. After all, the most profitable protocol in Web 3 is about to launch a token, and this airdrop seems worth participating in.

Before eagerly chasing the airdrop, it is essential to formulate a strategy and participation costs. Generally speaking, airdrops reward active real users who have made clear contributions to the community and product development. Participants can try to obtain airdrops using both premium accounts and multiple small accounts. For example: bots can quickly buy and sell at launch; using small amounts to boost volume on targets with a market cap around 5M; or approaching from a developer's perspective to create a Memecoin that can successfully launch, etc.

What is Pump.fun advanced

Additionally, discussions around Pump.fun advanced took place during the Space.

Pump.fun advanced is the latest trading terminal launched by Pump, aimed at competing with established tools like Photon and Bull X. The Pump Advanced terminal is optimized for platform users, integrating features such as charts, top holder statistics, advanced filters, and real-time update threads. Furthermore, Pump.fun allows users to log in via email using non-custodial wallets through the identity verification platform Privy, with 0% fees for the first 30 days.

Currently, the team's focus on functionality development for Pump.fun advanced is on convenience, speed, and security, while features for professional traders are still limited, with functions like DCA and anti-squeeze still under continuous development.

Trading platform? or social platform?

"We have been thinking, should we be a 90% financial platform and 10% social platform? Or should we be a 90% social platform and 10% trading platform? What can help us grow and quickly become the largest platform?"

The Space also delved into the future product positioning of Pump.fun, discussing whether to build a social or financial empire. On one hand, team members hope to combine social elements with high spending and highly active users on the platform to create more interesting products, planning to focus on social elements as a key feature in the next stage. On the other hand, the team also aims to better meet the needs of professional trading audiences and users, which is why Pump.fun advanced was launched.

Whether it is a financial empire or a social network, from the snippets shared in the Space, it is clear that Pump.fun does not want to limit its product positioning to just a Memecoin issuance platform. The business empire built on Memecoins has promising future developments that are worth looking forward to.

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