The top-based crypto exchange in the US by trading volume helps pump up the popular Solana (SOL)-based MemeCoin platform with the latest listings.
According to a new announcement from Coinbase, Pump.Fun (Pump) is the latest Altcoin to be added to Exchange’s digital asset suite.
“Pump.Fun (Pump) exists using experimental labels on Coinbase.com and Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.”
Pump.Fun has gained popularity as a platform where users can create and trade original Memecoin without the burden of coding. So far, Pump.Fun claims that since its launch in 2024, it has launched more than 11 million tokens, generating $700 million in revenue. The platform aims to reward early buyers of new coins, and aims to “graduate” memokine’s diversified exchange (DEX) transactions after a specific milestone.
Last week, Pump.Fun completed one of the fastest initial sales coin products (ICOs) ever.
“The Pump Public Sale has ended. It has made clear that the Pump Public Sale sold out in just 12 minutes. We would like to thank the entire community for participating! The Pump Token is now in the distribution phase.”
All tokens sold through the Pump.Fun website and participating crypto exchanges will be transferred 48-72 hours after sale. Once the protocol announces that the process is complete, the token becomes tradable and transferable.
Pump.Fun said 33% of the maximum pump supply is sold through ICOs and 24% are booked to community and ecosystem initiatives.
Following the announcement of the Coinbase list, Pump.Fun is worth $0.00568 at the time of writing, an increase of 4.5% over the past 24 hours.
Generated image: dalle3
