Data showed that Pump.fun generated over 72,000 SOL tokens worth about $14 million in one day.
Solana memecoin platform Pump.fun had a strong start to 2024, generating over $14 million in revenue on Jan. 2 as memecoins continue their momentum.
Data from Dune Analytics and decentralized finance (DeFi) tracker DefiLlama revealed that the Solana-based memecoin launchpad generated 72,506 Solana (SOL) in fees at the start of the year. With SOL trading above $200, the platform’s revenue exceeded $14 million, its highest daily revenue since launch.
Pump.fun’s daily revenue for Jan. 2. Source: DefiLlama