Pump.fun has accounted for over 70% of token issuance on the Solana chain over the past two days
Meme coin issuance platform Pump.fun has accounted for more than 70% of the Solana network's token issuance over the past two days and contributed more than 56% of the decentralized exchange trading activity, Gold Finance reports. In the past 24 hours alone, Pump.fun has issued more than 45,000 tokens, bringing its cumulative issuance for the year to more than 5.5 million tokens. Despite the fact that only 0.0085 percent of its issued tokens have surpassed $1 million in market capitalization, the platform has distinguished itself with significant revenue performance, generating $79.94 million in revenue for the month of December, outpacing major networks such as Tron and Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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