Pump.Fun planning to launch a token in the future: X Spaces
Quick Take
- The Pump.Fun team is planning a future token launch, according to an announcement made on a recent X Space.
- The Solana-based memecoin exchange also announced “Pump Advanced,” a trading terminal with advanced features for power users and 0% fees for the first month.
Solana-based memecoin exchange Pump.Fun announced a new advanced trading terminal and teased an upcoming token launch in an X space today, marking a major announcement for the popular protocol.
Pump.fun is "planning to launch a token in the future," the protocol's team announced alongside the reveal of "pump advanced," a trading terminal with advanced features for power users.
Pump advanced's main view includes charts, top holder stats, advanced filters, live-updating threads, and other features designed to appeal to heavy users of pump.fun. The site also allows users to utilize non-custodial wallets by logging in via authentication platform Privy.
The advanced platform will charge 0% fees for at least the first 30 days, with subsequent fees to be announced, the team announced on the X space.
"We're going to make sure we're going to reward our earliest users," the pump.fun team said on the space in reference to the token launch. "All the money we made so far is being reinvested back into the platform...we want to create something as big as Binance—bigger than that."
Pump.fun's daily revenue has approached or surpassed $1 million several days this month, according to The Block's data. The platform marked $100 million in cumulative fees at the end of August, and has seen another surge in usage recently driven by memecoin Moo Deng, The Block previously reported.
"Our goal is to bring this to the masses," the team said on the X space.
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