# Pump.fun Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Pump.fun", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Kim Kardashian's Sister's Account Hacked to Promote Memecoin

The Instagram account of Kylie Jenner, Kim Kardashian's sister, was hacked to promote a memecoin. The first post, appearing on August 24th, urged her 39 million followers to follow her on the memecoin launch platform Pump.fun. A second post minutes later included a ticker and a full Solana contract address, accompanied by a message encouraging followers to trade. Both posts were deleted within minutes. However, in that short time, the market capitalization of the promoted token, `kylie`, briefly surged to an all-time high of $1.21 million before crashing over 90% to below $120,000 following a major sell-off. Analysis by SolanaFloor revealed the token was launched on Pump.fun just moments before the fake posts. This incident is part of a broader pattern. Hackers have previously compromised accounts of rapper 50 Cent, actor Dean Norris, and investor Keith Gill (Roaring Kitty) for similar memecoin promotions. Blockchain researcher 'Specter' linked these hacks, along with the compromise of Pepe the Frog creator Matt Furie's and WinRAR's accounts, to a single group. This group's activities, including promoting tokens through hijacked accounts and laundering funds across blockchains, have generated over $14 million.

cryptonews.ru1h ago

Kim Kardashian's Sister's Account Hacked to Promote Memecoin

cryptonews.ru1h ago

What Are the Odds: Only 6% of Solana Meme Traders Made a Profit Over 90 Days

Memecoin Trading on Solana: Only 6% Turn a Profit in 90 Days A new dashboard tracking Solana memecoin traders reveals that only 6.25% were profitable over the last 90 days. Out of 304,161 active traders, just 19,003 made a profit, with the average trader losing $120. Realized losses across the sector totaled $1.26 billion, and among profitable traders, 88% earned less than $100. Only 25 wallets gained over $10,000, indicating a shift from high-yield opportunities to a peer-to-peer transfer of losses. Despite poor profitability compared to other crypto speculation, memecoin activity remains high, driven by incentives like copy-trading, influencer tokens, and point farming. Platforms like Pump.fun are seeing record fee revenue, exceeding $4.4 million daily. The model persists partly because launches are fully on-chain, bypassing centralized exchange listings and pre-launch hype. New applications like FOMO, which features social copy-trading, have attracted novice users who often incur immediate losses. Similarly, a platform launched by influencer Ansem uses airdrops to drive engagement, though trading there typically leads to losses as well. The trend suggests that while memecoins continue to draw in new participants, the vast majority end up losing money.

cryptonews.ru08/19 11:31

What Are the Odds: Only 6% of Solana Meme Traders Made a Profit Over 90 Days

cryptonews.ru08/19 11:31

Curve Founder Calls pump.fun a 'Casino with Scams' and Criticizes Phantom

Curve Finance founder Mikhail Egorov criticized the Solana ecosystem, calling the pump.fun platform a "casino with scams under the name of memecoins" and the Phantom wallet inconvenient to use. Egorov stated that pump.fun is essentially a casino of memecoin scams. He also negatively assessed Phantom's user experience, describing issues while trying to connect it to a hardware wallet and calling its UX worse than MetaMask's. However, he acknowledged that Solana does a very good job of supporting its ecosystem, though he added that its best examples are "not very good." An X user disagreed with the criticism of pump.fun, arguing the platform merely provides a tool and users decide how to use it, noting a large part of the crypto market operates like a casino on various blockchains. Regarding Phantom, the user suggested it might be one of the best options for average users despite personal non-use. In response, Egorov compared the situation to a common software pattern where initial quality and user support can later lead to developer "laziness" and product deterioration, a phenomenon he observed in both the Ethereum ecosystem and beyond. When asked about his favorite crypto wallet, Egorov named qeth, a project he developed himself using Claude AI. His motivation was dissatisfaction with JavaScript-based wallets, which he felt excessively burdened his laptop and drained its battery.

cryptonews.ru08/17 08:21

Curve Founder Calls pump.fun a 'Casino with Scams' and Criticizes Phantom

cryptonews.ru08/17 08:21

Facing Competition from Fomo, Why is Pump.fun Spending Heavily to 'Poach' and Compete for Trading Volume?

In the competitive meme coin market, Pump.fun and Fomo are battling for dominance in speculative trading. Fomo has seen rapid growth on Robinhood Chain by socializing trading—allowing users to follow traders, view portfolios, and copy trades. However, as Solana remains the core hub for such activity, Pump.fun, which provides much of the underlying infrastructure for platforms like Fomo, is now aggressively moving to capture the front-end user market directly. Pump.fun is employing tactics like offering lucrative contracts to poach top traders from Fomo and implementing a zero-fee front-end policy—subsidies possible due to its profitable bond curve and PumpSwap mechanisms. This creates a complex dynamic where the two are partners in infrastructure but direct competitors for users. The conflict highlights a trend of established crypto infrastructure projects vertically integrating to control consumer-facing applications, similar to Uniswap's moves on Robinhood Chain. The article suggests the ultimate winner may hinge on *trust*. While Fomo promotes transparency, the inherent risk in social trading is that traders can manipulate signals. Pump.fun's aggressive tactics, including the alleged poaching, have also impacted its reputation. The platform that best ensures the authenticity of trading signals and maintains user trust will likely prevail.

marsbit08/13 02:32

Facing Competition from Fomo, Why is Pump.fun Spending Heavily to 'Poach' and Compete for Trading Volume?

marsbit08/13 02:32

Pump.fun Takes 98% of Launchpad Revenue as Daily Trading Volume Reaches $542 Million

Pump.fun, a Solana-based memecoin launchpad, has achieved unprecedented market dominance, capturing 98% of the sector's daily revenue of $1.14 million on August 9. Its daily revenue of $1.12 million, alongside a trading volume of $542.17 million out of the sector's total $649.61 million, marks a significant recovery and the highest figures since March. The platform launched 37,966 tokens that day, with 127 reaching a market cap over $1 million. This dominance is attributed to aggressive product updates, including a social trading feature with zero-fee trading and cross-chain USDC swaps, and user acquisition tactics like offering large bonuses to competitors' users. Additionally, half of Pump.fun's revenue continues to fund a PUMP token buyback program. While impressive, this 98% share reflects both Pump.fun's growth and a substantial contraction in the overall launchpad market. The sector's total daily revenue is now a fraction of its 2024-2025 peak of $4-5.6 million, indicating market concentration rather than a broad-based retail recovery. Competitors like Flap and Raydium generated minimal revenue in comparison. New entrants like Robinhood Chain, while showing early promise with $28.39 million in volume, have not challenged Solana's overwhelming lead, which was responsible for nearly all platform-related volume on the network.

cryptonews.ru08/11 11:25

Pump.fun Takes 98% of Launchpad Revenue as Daily Trading Volume Reaches $542 Million

cryptonews.ru08/11 11:25

Pump.fun Price Forecast: Can PUMP Sustain Breakout After $807M SOL Sale?

Pump.fun Price Prediction: Can $PUMP Sustain Breakout After $807M SOL Selloff? This week's price outlook for $PUMP turned bullish after it broke out from a cup and handle pattern, reaching $0.00286. Technical analysis shows all four Exponential Moving Averages (EMAs) are now below the price for the first time since the pattern began, with the measured move target around $0.003352. Key support lies between $0.002050 and $0.002157. Fundamentally, Pump.fun surpassed Hyperliquid in 30-day protocol revenue, earning $33.73M. In a competitive move, it launched an aggressive campaign offering $20K-$30K bonuses to lure users from the rival platform FOMO. Additionally, data reveals Pump.fun has sold a total of 4.82M SOL tokens (worth ~$807M) from protocol fee revenue since launch, with sales representing treasury management conversions, not a platform sell-off. The bullish case targets $0.003352 if the breakout base holds, supported by the revenue milestone and platform developments. The bearish risk level is at the 50-day EMA ($0.001944), which could be tested if the support zone fails and profit-taking or negative sentiment emerges. The price action hinges on holding the $0.002050-$0.002157 zone.

cryptonews.ru08/10 11:09

Pump.fun Price Forecast: Can PUMP Sustain Breakout After $807M SOL Sale?

cryptonews.ru08/10 11:09

$20k Signing Fee + $30k Monthly Salary: The Story Behind Pump.fun Poaching FOMO's Corner

The meme market has become increasingly fragmented, with a significant divide between overseas and Chinese users in terms of ecosystem and trading tools. Recently, a piece of gossip spread within overseas meme communities: Pump.fun, the largest token launch platform, is allegedly offering lucrative incentives to poach users from its competitor FOMO. According to a leaked agreement, eligible users are reportedly offered a one-time $20,000 signing bonus plus a $30,000 monthly salary to migrate their funds and trading activity exclusively to Pump.fun, close their FOMO accounts, and meet specific trading volume requirements. This aggressive move highlights FOMO's rapid rise. Launched just over a year ago, FOMO has secured $94 million in funding and, crucially, its revenue over the past 30 days has surpassed that of Uniswap and Phantom. Its market share in trading bots has even overtaken GMGN to become the leader. FOMO's success is attributed to its "social-first" product design, featuring a profit leaderboard and a feed tracking top traders' activities—effectively creating "trading celebrities" that users follow. In response, Pump.fun has recently upgraded its app to replicate these social features, shifting its homepage focus to trader activity feeds. The platform's founder has actively welcomed prominent meme traders. This competition underscores a major shift in the overseas meme market: the battleground has moved from launch tools and liquidity to a fight for attention and influence. The market is now dominated by a "网红带货模式" (influencer-driven model), where platforms compete to sign the most influential trading Key Opinion Leaders (KOLs), who have become the new carriers of market consensus. While this mirrors early competition in livestreaming platforms, it signals a potential risk for the meme space: losing the organic, community-driven vitality that originally fueled its growth, as competition centers increasingly on a concentrated group of trading influencers.

marsbit08/09 13:26

$20k Signing Fee + $30k Monthly Salary: The Story Behind Pump.fun Poaching FOMO's Corner

marsbit08/09 13:26

The Inside Story of Pump.fun Poaching FOMO's Top Users: $20K Signing Bonus + $30K Monthly Salary

Pump.fun, a leading meme coin launchpad, is reportedly offering exclusive contracts to lure high-value users and traders away from its competitor FOMO. The alleged agreement includes a $20,000 signing bonus, a $30,000 monthly stipend, and requires users to migrate funds, use a dedicated wallet, and permanently close their FOMO accounts. This aggressive move highlights a significant shift in the competitive landscape of the meme market. FOMO, a multi-chain mobile-focused trading platform launched in 2025, has rapidly grown to challenge incumbents. Data shows its 30-day revenue recently surpassed Uniswap and Phantom, and it has overtaken GMGN to become the market leader in trading bot share. FOMO's success is largely attributed to its "social-first" design, featuring profit leaderboards and feeds that track top traders' moves. This effectively creates and promotes "meme trading influencers," turning successful traders into attention hubs that drive platform engagement and user growth. Recognizing this model's power, Pump.fun recently updated its app to replicate similar social features. The competition for influential traders signals the meme market's evolution into a "influencer-driven" phase. Platform growth now hinges less on technical features and more on securing key personalities who can attract followers and trading volume. While a standard competitive tactic, this trend risks centralizing attention around a few individuals and potentially stifling the organic, community-driven culture that originally fueled the meme coin ecosystem.

Odaily星球日报08/09 13:16

The Inside Story of Pump.fun Poaching FOMO's Top Users: $20K Signing Bonus + $30K Monthly Salary

Odaily星球日报08/09 13:16

Pump.fun Platform Laid Off Employees Weeks Before PUMP Token Distribution

Pump.fun reportedly laid off over 40 employees in April, just weeks before they were scheduled to receive allocations of the platform's $PUMP tokens. According to an investigation by Sandmark, which accessed internal documents, the dismissals were explained by co-founder Noah Tweedale as due to the company "growing too quickly." The affected employees had signed agreements in mid-2025 stipulating they would receive their token grants by June 2026. Following the layoffs, they received severance pay based on tenure, but their unvested $PUMP allocations were canceled. One former employee allegedly lost a seven-figure dollar sum as a result, even though the token's price is currently down approximately 79% from its 2025 peak. At the time of reporting, the $PUMP token was trading at $0.002188, having risen nearly 8% in 24 hours and 21% over the past week, despite being down 26% year-over-year.

cryptonews.ru08/01 19:18

Pump.fun Platform Laid Off Employees Weeks Before PUMP Token Distribution

cryptonews.ru08/01 19:18

Rumors Spread About Altcoin: Former Employees Speak Out

Rumors are circulating about the Solana-based meme launchpad Pump.fun allegedly conducting employee layoffs just before significant token unlocks. According to reports, the company began terminating employees around two months before their $PUMP tokens were scheduled to vest. At least one former employee reportedly lost tokens now valued at over $1 million. Internal documents suggest Pump.fun cited overly rapid growth as a reason for layoffs starting in early April. Terminated employees were offered severance, but the major loss stemmed from forfeiting their allocated $PUMP tokens per their agreements, which stipulated a four-year vesting schedule. A second wave of layoffs reportedly occurred in mid-July, with claims that some employees were dismissed just one day before their tokens unlocked. The total number of employees let go over two months is said to exceed 40. Pump.fun co-founders have not commented. Despite an approximate 79% drop from its 2025 peak, $PUMP retains substantial value. The platform itself has been highly profitable since late 2024, generating around $1.3 billion in total revenue and facilitating the creation of over 20.8 million tokens, with daily revenue reportedly still near $1 million.

cryptonews.ru07/31 18:24

Rumors Spread About Altcoin: Former Employees Speak Out

cryptonews.ru07/31 18:24

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