In brief
Base token launchpad Zora accounted for more tokens created than Solana's Pump.fun and LetsBonk on Monday.
It represents the first time since early 2023 that a chain has played host…
In brief
Pump.fun accounted for 19% of tokens deployed through Solana-based launchpads on Saturday.
The project's native token fell to a fresh low on Monday.
Meme coin traders have been gravitating toward LetsBonk,…
Solana-based memecoin launchpad Pump.fun has made the headlines again after its recently launched token, PUMP, plummeted to new lows. The nosedive follows a recent update on the token’s highly anticipated…
In brief
The meme coin market is down over the past 24 hours, with most major meme coins dropping in value.
It comes after Alon Cohen, co-founder of Pump.fun, confirmed that the…
An amended class-action complaint filed in the Southern District of New York alleges that memecoin platform Pump.fun operates as a “front-facing slot machine cabinet” in an enterprise that extracted more…
In brief
A revised class action accuses Pump.fun and its infrastructure partners of operating a racketeering enterprise modeled on unlicensed gambling.
Plaintiffs claim the meme coin ecosystem functioned like a digital slot…
Private sale investors of the Pump.fun (PUMP) memecoin started offloading billions of tokens to exchanges, raising concerns of a sell-off as the token drops below its initial sale value. Blockchain analytics…
In brief
Pump.fun boasts some of the most impressive numbers in the entire crypto industry, growing faster than any crypto app before it.
It recently raised $600 million in an ICO, but…
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This is a segment from The Drop newsletter. To read full editions, subscribe.The pump.fun ICO was a roaring success, raising $500 million onchain at a $4 billion fully-diluted value (FDV).…