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ETH $2,494.73 +0.37%
BNB $751.67 +1.64%
XRP $1.42 +1.78%
SOL $103.64 +0.29%
TRX $0.3390 +1.19%
DOGE $0.0900 -0.09%
ADA $0.2180 -0.08%
BCH $258.80 +0.19%
LINK $12.47 -1.29%
HYPE $85.83 +1.68%
AAVE $128.97 -1.54%
SUI $0.8124 -0.78%
XLM $0.1880 -0.92%
ZEC $1,183.06 +4.68%
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After Pump.fun stopped the live streaming feature, revenue dropped by 33%

2024-11-29 21:03:29

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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