{"id":564239,"date":"2024-08-13T14:24:23","date_gmt":"2024-08-13T14:24:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=564239"},"modified":"2024-08-13T14:23:37","modified_gmt":"2024-08-13T14:23:37","slug":"solana-meme-coin-launchpad-pump-fun-reaches-record-monthly-agreement-income","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/solana-meme-coin-launchpad-pump-fun-reaches-record-monthly-agreement-income","title":{"rendered":"Solana Meme Coin Launchpad Pump.fun Reaches Record Monthly Agreement Income"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Solana meme coin creation platform Pump.fun has reached a new all-time high in monthly agreement income.<\/span><\/p>\n<p><span style=\"font-weight: 400\">During July, the meme coin launchpad recorded $28.73 million worth of agreement income, according to an Aug. 13 X <\/span><a href=\"https:\/\/mobile.x.com\/EntropiaIntel\/status\/1823311198542016837\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\"> by news aggregator, Entropia Intel. This is just two weeks after Pump.fun surpassed Ethereum in 24-hour revenue on July 29.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.foresightnews.pro\/202405\/842-1715252320145.jpg?x-oss-process=style\/article_h5_img\" alt=\"&#20851;&#20110;Pump.Fun &#20320;&#38656;&#35201;&#30693;&#36947;&#30340;&#19968;&#20999;&#65288;&#38468;&#22914;&#20309;&#35782;&#21035;&#39033;&#30446;&#25945;&#31243;&#65289; - Foresight News\"><\/p>\n<h2><span style=\"font-weight: 400\">Pump.fun Activity Driven By Meme Coin Hype<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Much of Pump.fun&rsquo;s success can be attributed to the investor frenzy that erupted around Solana meme coins in the past couple of months. During this craze, several celebrities including Iggy Azalea, <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/caitlyn-jenner-x-account-sparks-hack-concerns-after-it-promotes-new-meme-coin-launched-on-pump-fun\"><span style=\"font-weight: 400\">Caitlyn Jenner<\/span><\/a><span style=\"font-weight: 400\"> and Rich The Kid all looked to capitalize on the hype with the launch of their own&nbsp; tokens.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I will leave my mark on this space. <a href=\"https:\/\/twitter.com\/search?q=%24MOTHER&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MOTHER<\/a> will be a blue chip coin. <\/p>\n<p>Manifest it &#10024; <a href=\"https:\/\/t.co\/pPtitXHv72\">pic.twitter.com\/pPtitXHv72<\/a><\/p>\n<p>&mdash; IGGY AZALEA (@IGGYAZALEA) <a href=\"https:\/\/twitter.com\/IGGYAZALEA\/status\/1822008374910758919?ref_src=twsrc%5Etfw\">August 9, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Not all of these cryptos go on to stay in the market. In fact, the majority of meme coins created via Pump.fun fail to survive past their initial hype. Data from <\/span><a href=\"https:\/\/dune.com\/evelyn233\/pump-data\"><span style=\"font-weight: 400\">Dune Analytics<\/span><\/a><span style=\"font-weight: 400\"> shows that the success rate of these new crypto&rsquo;s making their way onto the Solana-based deccentralized exchange Raydium has fluctuated between 1.21% and 1.41% since May this year.&nbsp;<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Market Cap For Solana Meme Coins Jumps Over 3% In The Last 24 Hours<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Despite many meme coins minted through Pump.fun not seeing the light of day, the general <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/solana-meme-coins-surge-32-popcat-and-daddy-lead-the-charge-as-sol-soars-10\"><span style=\"font-weight: 400\">Solana meme coin<\/span><\/a><span style=\"font-weight: 400\"> sector continues to pull investors in. Throughout the past 24 hours, the <\/span><a href=\"https:\/\/www.coingecko.com\/en\/categories\/solana-meme-coins\"><span style=\"font-weight: 400\">market cap<\/span><\/a><span style=\"font-weight: 400\"> for this subset of the crypto space rose more than 3%, and stands above $6.5 million as of 9:55 a.m. EST.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Smaller-capped tokens such as MindCoin (MIND) and nomnom (NOMNOM) raked in the most capital during the last trading session. CoinGecko data shows that MIND&rsquo;s price surged more than 79% in the last 24 hours, pushing the crypto&rsquo;s value to $0.0001296. NOMNOM posted a smaller, but still impressive, 40% gain during the same period.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, leading Solana meme coins including Dogwifhat (WIF), Popcat (POPCAT) and BOOK OF MEME (BOME) are all in the green on the weekly timeframe. WIF was the top performer over the past 7 days after its price rose over 20%.<\/span><\/p>\n<h3><span style=\"font-weight: 400\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-altcoins-invest-unveiling-top-picks-maximum-returns-calsona-9ceye\/\"><span style=\"font-weight: 400\">Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/spot-ethereum-etfs-record-4-9-million-inflows-as-grayscales-fund-stops-bleeding-and-coinshares-says-investors-favored-eth-over-btc-last-week\"><span style=\"font-weight: 400\">Spot Ethereum ETFs Record $4.9 Million Inflows As Grayscale&rsquo;s Fund Stops Bleeding And CoinShares Says Investors Favored ETH Over BTC Last Week<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/stellar-price-prediction-for-today-august-13-xlm-technical-analysis\"><span style=\"font-weight: 400\">Stellar Price Prediction for Today, August 13 &ndash; 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During July, the meme coin launchpad recorded $28.73 <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1954,"featured_media":523241,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[7596],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solana Meme Coin Launchpad Pump.fun Reaches Record Monthly Agreement Income - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"The Solana meme coin creation platform Pump.fun has reached a new all-time high in monthly agreement income. 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