Pump.fun is a protocol launched in January 2024 that allows users to create tokens in minutes without any fees. Since its inception, it has generated over $100 million in revenue and has been responsible for launching numerous meme coins on the Solana blockchain. Users need only fill out a form to create a token, and they are now rewarded with 0.5 SOL if their token reaches a specific market cap. Notable meme coins created on Pump.fun include those that peaked at market caps between $218 million and $350 million and have attracted attention from celebrities and controversial events. However, the platform has faced criticisms, attacks from former employees, and regulatory warnings from authorities. Competition from other launchpads like SunPump has prompted Pump.fun to continuously evolve its features. The future remains uncertain as updates are sporadic, largely reacting to market demands without a clear roadmap.

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