Pump.fun is a platform for trading and creating meme tokens on the Solana and Blast blockchains, launched in January 2024.
The platform enables users to create meme coins without initial liquidity for a fee of 0.02 SOL and ensures launched without pre-sale or team allocations.
After creation, trading begins, and if the market cap reaches set values, the tokens get transferred to liquidity pools on various exchanges.
Key features include cost-effective token creation, bonding curve dynamics, liquidity provision mechanisms, and rug pull protection.
Pump.fun also introduced an advanced trading terminal and video tokenization features to enhance user engagement.
Users can analyze token ownership, search tokens effectively, and implement video frames as part of their tokens on the platform.
The platform has plans for a project token launch and hinted at potential airdrops for users in the future.
Successful meme coins like Shark Cat and Ansem’s Cat have been launched via Pump.fun, achieving significant market caps.
To launch a memecoin on Pump.fun, users need to visit the platform, fill in necessary details, pay a fee, and promote their coin effectively post-creation.
Pump.fun has simplified the process of launching meme coins but also comes with risks related to volatility, frauds, and market manipulation.