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Kriptoteka > Market > Altcoins > Pump.fun Hints at Native Token Airdrop for Early Users
Altcoins

Pump.fun Hints at Native Token Airdrop for Early Users

marcel.mihalic@gmail.com
Last updated: October 20, 2024 12:33 pm
By marcel.mihalic@gmail.com 3 Min Read
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Pump.fun, a meme coin platform on Solana, has recently signaled plans to introduce a native token to reward its early supporters.

This announcement occurred during an X-Space session on October 19, where the team also launched their new professional trading terminal, Pump Advanced.

Pump.fun’s Plans for a Token Launch and Enhanced Interface

In the course of the session, Pump.fun disclosed intentions to roll out a native token. Although no exact timeline was shared, the team affirmed that a fraction of the token supply will be airdropped to early adopters as gratitude for their early support.

“We’re committed to rewarding our earliest users,” the team announced.

This news has sparked excitement in the community. Many believe an effective airdrop could significantly boost liquidity. One crypto analyst proposed that the airdrop should focus on top traders, developers, and other essential participants, using metrics such as trading volume and coin performance as criteria for eligibility.

“While early users will receive rewards, remember that we’ve been developing this project for considerable time. If the token includes revenue sharing, it could be monumental,” airdrop farmer Vex remarked.

Read more: How to Purchase Solana Meme Coins: A Comprehensive Guide

Alongside the token announcement, Pump.fun unveiled Pump Advanced, an enhanced trading terminal tailored for professional traders. This fresh interface provides advanced features like live charts, top holder statistics, real-time social activity threads, and improved filters, all designed to elevate the trading experience.

A standout feature of the terminal is its seamless integration with non-custodial wallets through the Privy authentication platform. For the first month, users will benefit from 0% trading fees, with fees expected to be introduced subsequently.

The Pump.fun team emphasized that the advanced interface enables users to maximize their trading capabilities by offering an efficient, data-driven experience with minimal fees.

As this unfolds, Pump.fun continues to flourish despite competition from Tron’s SunPump network. Data from Dune Analytics indicates the platform has sustained robust trading activity, resulting in heightened daily active addresses and a surge in coin creation.

Read more: 7 Trending Meme Coins and Altcoins in 2024

Pump.Fun Daily Active Addresses
Pump.Fun Daily Active Addresses. Source: Dune Analytics

In the last day alone, Pump.fun registered nearly 100,000 daily active addresses, with over 31,000 tokens created on the platform. During this period, the Solana-based platform generated roughly $2 million in revenue.

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In line with the Trust Project guidelines, BeInCrypto pledges to provide unbiased, transparent reporting. This news article seeks to deliver accurate, timely information. However, readers should independently verify facts and consult a professional before making any decisions based on this content. Please be aware that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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