PumpSwap, a DEX launched by Solana-based memecoin factory Pump.fun, has reached $100 million in total value locked just 50 days after its debut. The platform has seen significant growth in daily activity and trading volume, defying predictions of the memecoin sector’s collapse. This growth coincides with a resurgence in memecoin trading, with top tokens posting significant gains. Despite past controversies, Pump.fun’s DEX is thriving amid this unexpected revival, indicating sustained engagement in the speculative crypto market.

Leave a Reply