Pump.fun Space, a quick overview of the latest developments.
By shaofaye123, Foresight News
Pump.fun’s revenue has repeatedly reached new highs, sweeping away the sum of 24 protocol revenues. The sales of Sol in the past few months alone have exceeded the annual budget of the Ethereum Foundation. The popularity of major platforms remains high, and various chain simulations are emerging one after another. Discussions about Pump.fun have never stopped. When will the token be launched? Will there be an airdrop? Let’s hear what the team has to say—
What is SPACE talking about
On October 20th, Pump.fun held a new episode of X Space live stream, attracting 11K listeners. During the Space, Pump.fun announced a major upgrade to its product, not only discussing the recently launched new feature “Pump.fun advanced”, but also responding to users’ concerns about airdrops.
(Interested readers can listen to SPACE here – https://x.com/pumpdotfun/status/1847408704036974975)
Is the airdrop really coming?
During the Space, Pump.fun co-founder Sapijiju hinted at future token and airdrop plans, although an official schedule has not been confirmed yet.
When asked about the airdrop, he said:
“We do plan to launch a token at some point in the future. I’m not going to say when, everything will be fine. Our airdrop, no guarantees here, but it may be more lucrative than any project in this field.
“So, and another thing I do want to confirm, like we are definitely planning on launching a token at some point in the future. Again, like not going to say when, how it’s done, whatever that may be that’s, that’s all to come. But again, like obviously our goal is to make our users rewarded and to some extent. And yeah, again, like I think our Airdrop will probably no guarantees here, but will probably be quite a lot more lucrative than anyone else at the moment in the space, I would say.”
In addition, during the Space, the co-founder also hinted that in the future, there may only be airdrops for users who have used Pump.fun advanced. Judging from the actions taken by the platform, offering free usage for the first 30 days, they have ambitions to seize the Bullx and Photon markets.
Airdrop Strategy
A good project does not necessarily have a good token price. The specific token empowerment and TGE design have not been announced yet, so it seems that it will take some time for Pump.fun to launch its token. However, Memecoins on Solana have already seen the appearance of volume bots, with trading volume soaring to 0.000026 Sol. After all, the most profitable protocols in Web 3 are going to launch tokens, so this airdrop seems worth participating in.
Before eagerly participating in the airdrop, it is important to develop a strategy and consider the participation cost. Generally speaking, airdrops are rewarded to active and genuine users who have made clear contributions to the community and product development. One can try to obtain airdrops through high-quality accounts and a large number of low-quality accounts. For example, using bots to quickly buy and sell at the opening, generating trading volume in projects with a market cap of around 5 million, or approaching from the perspective of a developer and creating a Memecoin that can be successfully launched.
What is Pump.fun advanced?
In addition, there was also a discussion about Pump.fun advanced during the Space.
Pump.fun advanced is the latest trading terminal launched by Pump, aiming to compete with mature tools such as Photon and Bull X. The Pump Advanced terminal has been optimized for platform users, integrating features such as charts, top holders statistics, advanced filters, real-time update threads, etc. In addition, Pump.fun also allows users to log in through the non-custodial wallet using the authentication platform Privy via email, with no fees charged in the first 30 days.
Currently, the team’s focus on the development of Pump.fun advanced is on convenience, speed, and security. There are still fewer functions targeting professional traders, and features such as DCA and anti-whale measures are still under continuous development.
Trading platform? or Social platform?
We have been contemplating whether to be a 90% financial platform and 10% social platform, or a 90% social platform and 10% trading platform. How can we help ourselves grow and become the largest platform as soon as possible?
In Space, there was also an in-depth discussion about the future positioning of Pump.fun’s products, whether to build a social or financial empire. The team is considering both aspects. On one hand, team members hope to combine social elements with high-consumption and highly active users on the platform to create more interesting products, and plan to make social elements the focus of the next stage. On the other hand, the team also hopes to better meet the needs of professional trading audiences and users, hence the launch of Pump.fun advanced.
Regardless of whether it is a financial empire or a social network, from the bits and pieces of information in Space, it can be seen that Pump.fun does not want to limit its product positioning to just a Memecoin issuance platform. The future development of a business empire built on Memecoins is worth looking forward to.
