Overview

Pump.fun is a Solana-based platform launched in January 2024. It lets users create memecoins easily and aims to reduce crypto scams like "rug pulls." Since its start, Pump.fun has helped create nearly 2 million tokens. A few of these (GOAT, FWOG, ACT) have hit market caps over $100 million. However, the memecoin market is unpredictable. Only some tokens gain value, while most attract low interest and offer minimal returns.