Just over a year old, pump.fun is shifting gears. From a meme coin launchpad to launching a meme coin of its own, signaling the next phase in its rapid evolution.
The news of a planned token launch caps a quietly busy past few weeks, during which pump.fun has set the stage for a number of game-changing moves.
- Partnership with Raydium ended, opening the door for pump.fun’s own AMM to launch
- Reinstated the social media element of the website
- Mobile app launched
- Pump.fun token planned ($PUMP?)
That’s pretty impressive for a project that’s only been live since January 2024.
Pump.fun Demonstrates Rapid Solana Meme Coin Evolution
The first meme coin was deployed on Solana in April 2021, only four years ago.
At the time, memecoins were headlined by big $DOGEs on their own chains or on Ethereum-based big names like $PEPE.
But when meme coins arrived on Solana, the market began to change.
Pump.fun allows users to create and deploy their own Solana meme coins for anything at any time, no fundraising or research required.
Pump.fun transformed the Solana meme coin ecosystem. Since launch, the site has generated over $700M in cumulative revenue.
While the vast majority of meme coins on the platform fail to go anywhere and don’t make it through the bonding curve (the earliest stages of the process), pump.fun meme coins have still gone on to amass a total market cap of over $4B.
Pump.fun’s own growth illustrates just how powerful the Solana meme coin ecosystem has become in a short time. Now, pump.fun is positioning itself for further growth, with broader implications for the $62B meme coin market.
Planned Token Latest in Series of Pump.fun Moves
The lifecycle of pump memes looks like this:
- Create a token on pump.fun
- Purchase a token during the bonding curve (tokens can be sold at any time)
- Once the curve is reached (around $63K), the token is graduated to a liquidity pool
The process is dynamic, visual, and interactive, with users commenting on projects and hyping up other investors. It’s part of a very simple layout designed to get people making and pumping memes.
But a few months ago, pump.fun began to show signs of thinking bigger.
First, there was a quiet divorce from Raydium, formerly the liquidity provider and AMM for graduated pump.fun tokens.
Pump.fun generated fees from the bonding curve and graduation process, but Raydium benefited from money market fees from the liquidity pools themselves. Pump.fun ended its partnership with Raydium to launch PumpSwap, essentially keeping the liquidity pools in-house.
That’s been a profitable move, so far, as volume on the AMM far exceeds volume on the bonding curve. Pump.fun shares 50% of the revenue from PumpSwap with token creators, a big incentive to launch even more memecoins.
At the same time, pump.fun reinstated a livestream feature for meme coin launches, after removing it earlier for content violations.
Add in a mobile app, and it’s clear the news of pump.fun preparing a crypto presale, even as Solana coins explode, is just part of a quiet makeover for the Solana launchpad.
Possible $PUMP Token to Raise $1B
Pump.fun wants to raise an even $1B to launch the $PUMP token, with the token valuation likely to be set at $4B on launch.
After slowly putting their plans in place, the token launch could move quickly. At least some sources suspect the launch could happen within two weeks.
A pump.fun token launch is certain to have a major impact on the market. Even if the pump token fails to rocket to the moon, it should be a shot in the arm for Solana meme coins.
It’s also a sign of a new approach.
Pump.fun isn’t launching its own token on its own site – even though that’d be a guaranteed winner. Instead, they’re using the increasingly popular crypto presale approach.
By selling tokens at set rates for a limited time, projects gain better control over the launch process and can set clear goals for the funds raised – hence, pump.fun’s plan to raise $1B with a market cap on launch of $4B.
Presales sell tokens before they go live on exchanges. After the TGE (Token Generation Event), investors can buy, sell, and swap tokens on the open market.
The best crypto presales provide a great way for investors to get in early on projects, before the open market and strong demand drive the best new meme coins up. With pump.fun’s presale likely just around the corner, here are three others you need to keep your eyes on.
1. Snorter Token ($SNORT) – Sniff Out and Trade Best Solana Meme Coins With Snorter Bot
Snorter Token ($SNORT) is the utility token for the Snorter Bot, the best way to find and profit from Solana meme coins on Telegram.
With memes, the best opportunities to go 10x or 100x on a token aren’t found on traditional exchanges. The best chances come early in the project’s lifecycle, before broader adoption.
For many Solana meme coins, that means Telegram. That’s where the Snorter Bot comes – sniffing out the best trades by sorting through market data.
The Snorter Token ($SNORT) powers the Snorter Bot, enabling lightning-fast swaps, automated sniping, copy trading, and protection against scams and rugpulls.
Barely a week into the presale, $SNORT has already raised over $400K, demonstrating the avid appetite for a tool to find the best meme coin opportunities.
2. Solaxy ($SOLX) – First-Ever Solana Layer 2 Builds Meme Coin Galaxy
Ethereum’s got scalability and deep liquidity, Solana’s got lightning-fast speed.
Solaxy ($SOLX) brings the two together in one project, unlocking Solana’s full potential. With Solaxy, Solana gains unmatched scalability and a future-proof network.
The presale ends in 12 days, over $43M raised so far, and the roadmap is ambitious, with plans for multichain deployment and a bridge to the Solaxy Layer-2. The testnet block explorer and bridge are already live, with development moving fast even before the token launches.
Solaxy wants to build a blockchain ready for the meme coin future of Solana, and the tokenomics reflects that, with a full 30% reserved for project development.
There’s also 25% allocated for rewards for early supporters, including the 92% staking rewards currently available for investors who stake during the presale.
Tokens currently cost $0.001744, but our price prediction indicates the token could reach $0.025 by the end of the year, delivering 93% increase to presale participants. Check out how to buy Solaxy, and visit the Solaxy presale page.
3. Catzilla ($MEOW) – Cats + Memes for Next Solana Super-Coin
Future-proof networks are nice, but sometimes you just need cat memes. With over $2.3M raised so far, Catzilla ($MEOW) is living proof.
There’s no real utility – just an avid community of cat and Solana lovers, brought together by the love of Catzilla. It’s a serious project all the same, with a strong social media presence, community incentives, and an upcoming audit.
Later stages of the project will include a dedicated Telegram app and referral programs, and eventually a merchandise line.
$MEOW tokens are weighted to the presale, with 57% of available tokens. It’s critical to get in on this one early, as the presale is potentially the lowest the price will ever go.
Will Pump Token Launch Send Solana’s Meme Coin Ecosystem Into Overdrive?
The launch of a potential $PUMP token could supercharge the whole Solana meme ecosystem once again. Add in $SNORT’s ability to find hidden tokens and the promise of a $SOLX Layer-2, and the world of Solana memes looks brighter and brighter.
Always do your own research – this isn’t financial advice.
