Pump.fun is a platform that allows users to create meme coins on the Solana blockchain within minutes and at no cost. Since its inception in January 2024, it has launched over 11.9 million tokens while capturing a significant portion of daily token launches in the Solana ecosystem. The platform's unique live streaming feature lets developers perform stunts to boost their tokens' visibility and market value, leading to a mix of viral success and dangerous incidents. Criticism has centered around the oversaturation of the meme coin market, while supporters argue it fuels crypto growth. Notable tokens launched include Fartcoin and celebrity-endorsed coins. In July 2025, Pump.fun raised $600 million in an ICO and introduced its token, PUMP, which achieved a market cap of $1.6 billion shortly after. The user-friendly design of Pump.fun has lowered the barriers for token creation, aiming to enhance social interaction within the crypto community as it develops further. The future focus includes improving token quality and user experience while battling competition from rival launchpads.

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