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BTC $64,095.17 +0.13%
ETH $1,864.63 +0.39%
BNB $566.97 +1.56%
XRP $1.09 -0.12%
SOL $73.77 -0.47%
TRX $0.3294 -0.27%
DOGE $0.0698 +1.80%
ADA $0.1632 -0.65%
BCH $209.93 +0.25%
LINK $8.34 +0.25%
HYPE $57.29 -1.89%
AAVE $90.82 -3.86%
SUI $0.7065 -1.97%
XLM $0.1780 -1.08%
ZEC $475.10 -4.57%
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After Pump.fun stopped the live streaming feature, revenue dropped by 33%

2024-11-29 21:03:29
Collection

ChainCatcher news, according to DL News, Pump.fun allows users to create and launch their own memecoins. As of November 24, its daily revenue has increased fivefold to $5 million. However, this week the site's revenue dropped by one-third to $3.6 million.

Later this week on Monday, Pump.fun announced a ban on live streaming features. DefiLlama data shows that from Sunday to Monday, its revenue fell by about $1.5 million, marking the largest single-day price fluctuation since DefiLlama began collecting data on the platform in March.

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