Pump.fun’s revenue is at 4-month low as the platform scrambles to revive itself with new features

Pump.fun's revenue is at 4-month low as the platform scrambles to revive itself with new features


Pump.

According to Defect dataRevenues from PUMP.FUN protocol costs are $ 791,500 in March 17, a drop of 94% compared to the summit of $ 15.38 million on January 25. This marks its lowest simple value since November.

Pump.fun income is 4 months later while the platform is accused to revive with new features - 1
Pump.Fun daily costs and income | Source: Parade

In addition to the drop in income, the cooling of the frenzy of the same on Pump.GROUND) Contingent decentralized exchanges to meet the specific liquidity and trading requirements.

According to Analytics of the dunesThe Pump.Fun grab rate is currently 0.98%, compared to 1.62% on January 20. In addition, it has remained less than 1% for a month, since February 17. The drop in the pump.

Pump.fun income is 4 months older because the platform is accused to revive with new features - 2
Pump. Weekly diploma rate table | Source: Analytics of the dunes

According to MatrixThe bursting of the same bubble after its peak in January contributed to $ 1 billion in the total market capitalization of cryptography, from 3.6 billions of dollars to 2.6 billions of dollars. This is probably due to the recent high -level pump and pumping schemes, including Libra Memecoin Fiasco Implying the Argentinian president as well as Trump’s Trump and Melania’s tokens.

In an effort to relaunch its income, Pump.Fun recently released a mobile and teased application plans to launch a automatic merchant aimed at facilitating native trading and stimulating liquidity.

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