Why Pump.fun Exploded to 11.9 Million Token Launches: A Timeline Analysis
On January 1, 2024, Pump.fun launched as a Solana-based decentralized meme coin launchpad with a straightforward value proposition: anyone could create and trade SPL tokens for approximately 0.01 SOL—roughly $3 at the time—without writing a single line of code. Eighteen months later, the platform had facilitated over 11.9 million token launches, a scale that exceeded
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