2024-10-20
The highly anticipated "Pump
Advanced" platform offers advanced trading tools, including mini charts,
top holder statistics, social activity tracking, and live-updating threads.
These features are aimed at attracting heavy traders on Pump.Fun. Users will
also be able to access non-custodial wallets through Privy, an authentication
platform, Pump.fun will charge 0% fees on Pump Advanced for the first month.
Following this period, the exchange will announce future fee structures.
In the same announcement, the Pump.Fun
team also hinted at a future token launch, noting that early users would be
rewarded as part of the rollout. The team expressed ambitions to rival major
exchanges, such as Binance, stating that all current revenue—around $1 million
per day in some cases—was being reinvested back into the platform to fuel its
growth.
Pump.Fun reached a milestone of $100
million in cumulative fees by the end of August, with recent surges in activity
driven by the memecoin Moo Deng.