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LINK $12.47 -2.27%
HYPE $85.52 +0.43%
AAVE $129.00 -2.64%
SUI $0.8115 -2.57%
XLM $0.1878 -3.17%
ZEC $1,180.16 +3.31%
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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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