What is Pump.Fun and How to Benefit From it?

Deen Newman

Deen Newman

November 5, 2024

9 min read

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Blockchain can get too technical fast, from cryptography to smart contracts to node setup. For less advanced users, even understanding wallet keys can be intimidating, let alone launching digital assets.

Pump.fun had one mission: to make creating Solana memecoins, what used to be a complex and expensive process, simple.

Here’s a look at what Pump.fun is, how to use it, and why it’s back in the spotlight. Dive in for the most detailed review.

TL;DR:
Pump.fun is an application on Solana blockchain that allows users without coding or blockchain experience to launch their own memecoins with just a few clicks, making it as easy as filling out a form. After a big comeback in October 2024 with a new advanced terminal, zero-fee trading, and hints of an airdrop, it’s buzzing with activity again.

What is Pump.fun?

Pump.fun is a platform on the Solana blockchain for creating, discovering, and trading tokens, focused specifically on memecoins.

Before the app, launching a token required coding skills and adding liquidity for it to trade on a DEX. Now, users just need to connect their Solana wallet to start creating tokens with minimal effort and literally no cost.

Deen Newman

Deen Newman

November 5, 2024

9 min read

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