During Trump and Musk's interview, 10,000 Meme coins were undergoing ICO on Pump.fun
Elon Musk's conversation with Donald Trump on X Spaces led to a large number of Meme coins being launched on the token launchpad Pump.fun. Within three hours, 10,000 new tokens were launched on the platform. According to Dune data, during yesterday's surge period, only 250 tokens could be listed on Raydium, accounting for only 1% success rate.
In the past 24 hours, more than 23,000 tokens have been launched, setting a record for the platform with fees of $5 million USD which is more than double its previous high point of $2.3 million USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
9027 BTC were transferred to an unknown wallet in 3 transactions from CEX
Traders still expect the Fed to make at least two big rate cuts in the near future
UBS strategist: expect S&P 500 to fall at least 10%