Over 1.8 Million Meme Coins Has Launched on Pump.fun

Bittime - Meme coins have become a trend in the crypto world. One platform that facilitates the creation and launch of meme coins is Pump.Fun, which is within the Solana ecosystem.

Pump.Fun: Meme Coin Launch Platform

Pump.Fun is a platform that allows users to create and launch their own meme coins. Since launching earlier this year, the platform has facilitated the creation of more than 1.8 million meme coins. 

This figure shows the popularity of meme coins, although most tokens may not achieve widespread adoption. One of the reasons for Pump.Fun's popularity is the low transaction fees on the Solana network. 

With minimal transaction fees, token creators can launch projects without having to worry about high fees, which are often a barrier to launching tokens on other, more expensive networks.

Read Also: These 9 Meme Coins are in the Top 100 Tokens Based on Crypto Market Capitalization 

Bonding Curve Model in Pum.fun

Pump.Fun uses a bonding curve model to make meme coin price movements more predictable. 

This model allows token prices to automatically adjust based on supply and demand, minimizing extreme volatility. 

With this model, users can get a clearer picture of potential profits or losses when investing in meme coins.

Only 1.4% of Meme Coins Enter Raydium 

However, mAlthough the number of meme coins launched on Pump.Fun is huge, only about 1.4% of the total tokens made it to Raydium, a well-known DeFi platform in the Solana ecosystem. 

This shows that while it is easy to launch a meme coin, achieving wider adoption and gaining liquidity on larger platforms is not easy.

Read Also: Beware of Meme Coin Scams by Fake Influencers!  

How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.