Pump.fun Expands Beyond Memecoins
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Solana-based launchpad Pump.fun, famous for fueling the memecoin craze, is broadening its platform to support utility token launches. The news sent its native PUMP token up over 7% in the last 24 hours, reaching $0.0046.
The platform says its new framework addresses liquidity gaps and unsustainable token models, aiming to help projects launch functional utility tokens while avoiding the pitfalls of the memecoin era.
