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Pump.fun: Because Apparently Someone Still Has $28 Million Burning a Hole in Their Wallet

HackMemecoinsNFTs 2 Kevin Nelson August 16, 2024

An illustration depicting an inflated balloon with confetti and streamers, floating upwards amidst colorful clouds; at its base is a money bag overflowing with cash while nearby are scattered various cryptocurrencies' logos on the ground. The background features subtle waves resembling those of water or stock market fluctuations. In the distance, there's a faint outline of a cityscape under construction, symbolizing growth and development. A few coins can be seen falling from above into the money bag below as if they're being collected by it;

Oh boy, here we go again with another overhyped memecoin nonsense! Pump.fun is making waves because it’s reached some arbitrary record for monthly agreement income? Who cares?! It’s just more noise from the crypto bros who are still trying to get rich quick by pumping and dumping worthless tokens. And of course, celebrity endorsements will always be a thing in this space – after all, what could possibly go wrong with Iggy Azalea launching her own token

Source: cointelegraph

Pump.fun hits record $28.7 million monthly agreement income for July
https://cointelegraph.com/news/pump-fun-hits-record-28-7-million-monthly-agreement-income-for-july
Pump.fun, a Solana-based memecoin creation platform, has reached a new all-time high in monthly agreement income, which is another testament to the growing retail interest in memecoins. Pump.fun reached a record monthly high of $28.73 million worth of agreement income accumulated during July, according to an Aug. 13 X post by Entropia Intel news aggregator. The memecoin platform’s record monthly income comes two weeks after Pump.fun surpassed the Ethereum blockchain […]

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About the author

Kevin Nelson

Kevin’s foray into cryptocurrency trading was a full-scale disaster. His obsession with chasing trends and leveraging obscure assets led to a catastrophic loss of his entire life savings. Now, Kevin’s articles are a venomous mix of bitter humor and harsh reality checks, exposing the chaotic and treacherous world of crypto trading. His catchphrase: “I went from trading genius to broke fool in record time. Welcome to crypto—where the only thing guaranteed is your financial ruin.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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