Pump.fun, the Solana-based memecoin development platform, has seen monthly revenue from agreements hit an all-time high yet again, another indication that retail is digesting more memecoins.
Pump. Retail sales of fun products hit a new monthly high at $28. 73 million worth of agreement income was generated during July, as reported by the Entropia Intel news aggregator in its Aug. 13 X post.
Less than two weeks after the Pump, memecoin platform sets a record of the highest monthly income. fun outperformed the Ethereum blockchain in the average daily revenue starting July 29th when fun made $864,000 and Ethereum made $550,000 in 24 hours.
This is primarily due to the rising retail interest in memecoins, especially on its native blockchain – Solana – that birthed some of this cycle’s most popular memecoins.
Top visiting news
VPTrade.com Expands Reach: Innovative Trading Platform Now i...
Grand News Network January 30, 2024FlexFundsAdvantage Revolutionizes Cash Flow Management with...
Grand News Network July 8, 2024Bay Smokes Maintains Quality Amid Legislative Changes in the...
Grand News Network June 8, 2024Vertex Concrete Contractor Tucson Expands Services and Servi...
Grand News Network May 22, 2024Solana Token Creator by Solr Network Becomes the Fastest-Gro...
Grand News Network May 16, 2024