Memecoin launchpad Pump.fun has unveiled “Pump Advance,” a new upgraded trading terminal and hints at future token release.
In an X Spaces event on Oct. 19, the Solana(SOL)-based platform announced the release of their newly upgraded trading terminal Pump Advanced, calling it the “fastest trading terminal”. The new platform gives users the option of creating a non-custodian wallet by logging in via email.
Pump.fun claimed that the new platform would have 0% fees in the first month upon launch and includes additional features that would make it easier for users to monitor meme coins in real time. Some of these features include mini charts, top holder stats, and social activity amongst others.
Along with the launch of Pump Advanced, the Pump.fun team also hinted at a future token release but did not reveal a specific timeline.
At the time of writing, the Pump Advanced platform is already up and running. The main page shows the launchpad’s newest meme coins on a chart that changes in real time with each new coin added to the Pump.fun ecosystem.
According to data from analytics platform Dune, by Oct. 21 Pump.fun has deployed more than 2.5 million unique tokens since the platform was launched in Jan. 2024. Each meme coin is equipped with mini charts that show the coins market progression, live threads, and coin holders.
The new platform also enables users to purchase the meme coins directly on the main page via the “Quick Buy” button available. At the top of the site, users can see the meme coins awaiting launch on the “About to graduate” panel.
In Sept. 2024, Pump. fun became the fastest growing application by revenue in the crypto industry, generating over $100 million in revenue in the first seven months after its release.
The protocol has been instrumental in the rise of meme coins in the crypto space, as it allows anyone to create meme-inspired tokens on Solana’s blockchain. Once developers launch a coin, the crypto trades on a bonding curve until its market cap goes over $69,000.