Pump.fun is a decentralized platform on the Solana blockchain that enables users to create meme coins effortlessly.
Key features of Pump.fun include fast transactions, low fees, scalable architecture, decentralization and security, instant liquidity, and gamified social features.
To create a meme coin on Pump.fun, users can go to the website, fill in the token details, personalize the token with unique visuals, and deploy it for trading.
Pump.fun faces competition from platforms like SunPump and Moonshot, and plans to improve security, customization options, and ecosystem expansion in the future.