Pump.fun launches ‘Pump Advanced’ and teases new token coming soon

Memecoin launchpad Pump.fun introduced a new upgraded trading terminal, “Pump Advance”, and hinted at future token release.

At the X Spaces event on October 19, the Solana(SOL)-based platform announced the launch of its newly developed trading terminal, Pump Advanced, calling it the “fastest trading terminal.” The new platform gives users the option to create a non-custodial wallet by logging in via email.

Pump.fun claimed that the new platform will have 0% fees for the first month after launch and will include additional features that will make it easier for users to track meme coins in real time. Some of these features include sparklines, top owner statistics, and social activity.

With the launch of Pump Advanced, the Pump.fun team also hinted at a future token launch but did not reveal a specific timeline.

Introducing Pump Advanced: THE FASTEST trading terminal

OPTIMIZED: sparklines, top-level stats, social activity and more in a single view

CHEAP: 0% fee for the first ~1 month

SECURE: log in via email using Privy to create a non-custodial wallet

It’s time to dominate the trenches. pic.twitter.com/YMzIqqPPRN

— pump.entertainment (@pumpdotfun) 19 October 2024

At the time of this writing, the Pump Advanced platform was already operational. The homepage displays launchpad’s newest meme coins on a chart that changes in real time with each new coin added to the Pump.fun ecosystem.

As of October 21, Pump.fun has distributed more than 2.5 million unique tokens since the platform’s launch in January 2024, according to data from analytics platform Dune. Each meme coin is equipped with mini charts showing the progress of the coin market, live topics. and coin holders.

The new platform also allows users to purchase meme coins directly from the homepage via the existing “Quick Buy” button. Users can view meme coins awaiting release in the “About Graduation” panel at the top of the site.

Pump Advanced home page with newly created meme coins, October 21, 2024 | Source: Advanced Pump

Pump in September 2024. fun has become the fastest-growing app in terms of revenue in the crypto industry, generating over $100 million in revenue in the first seven months after launch.

The protocol was instrumental in the rise of meme coins in the cryptocurrency space, as it allows anyone to create meme-inspired tokens on Solana’s blockchain. When developers launch a coin, the crypto trades on a bond curve until its market cap rises above $69,000.