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ETH $2,488.81 +0.11%
BNB $754.96 +2.17%
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SOL $103.61 +0.16%
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DOGE $0.0905 -0.69%
ADA $0.2202 -0.30%
BCH $259.10 +0.23%
LINK $12.48 -2.11%
HYPE $85.56 +0.94%
AAVE $128.72 -2.60%
SUI $0.8174 -0.22%
XLM $0.1880 -2.38%
ZEC $1,183.24 +3.98%
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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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