- Orbitt MM now boosts volume for Pump.Fun memecoins, enhancing Solana projects.
- The integration enables new tokens to achieve attention and sustainability on Solana.
As a seasoned crypto investor with over a decade of experience under my belt, I must say that the recent collaboration between Orbitt MM and Pump.Fun is nothing short of revolutionary for the Solana ecosystem. Having witnessed numerous projects come and go, it’s refreshing to see a platform like Orbitt focusing on sustainability and long-term success for memecoins.
Orbitt, functioning as the accelerator for the Solana (SOL) initiative, has recently upgraded its market-making service significantly. Now, it offers volume increases for Pump.Fun Tokens, ensuring a smoother and more successful launch for new Pump.Fun projects that ultimately contribute positively to the broader Solana ecosystem.
Starting from September 6th, I will be focusing on fueling activities related to the new Pump.Fun tokens. The objective behind this move is to boost their visibility and attract a wider user base. This integration with Orbitt MM is strategic as it helps meme currency projects reach the necessary trading volume that appeals to users and ensures long-term sustainability. The alignment of Pump.Fun with Orbitt MM’s launchpad marks a significant step forward in our mission to aid Solana token initiatives.
Orbitt MM Enhances Pump.Fun’s market presence
Orbitt MM’s platform will help Pump.Fun initiatives to create substantial buzz before and after launch, attract more funding, and potentially breathe new life into past projects through community acquisitions. Artur Guliński, the founder of Orbitt, is excited about this partnership, emphasizing its role in reestablishing trust and distinguishing high-quality projects from less reliable ones.
Pump.Fun has taken the lead in terms of fees, earning more revenue within a 24-hour period than the combined total of the next 15 crypto protocols. By simplifying token creation, it has lowered entry barriers for meme coin creators. After a token’s debut on Pump.Fun, Orbitt MM continues to aid its growth by boosting its volume on the significant Solana decentralized exchange (DEX), Raydium.
Despite the increased competition, Pump.Fun retains a lead in several indicators. According to Dune Analytics statistics, Pump.Fun has topped $100 million in total revenue, making $278,914 in the last 24 hours compared to SunPump’s $36,139. Pump.Fun also leads in new active addresses and other critical performance indicators, having gained a first-mover advantage since its January launch.
Pump.Fun’s recent expansion to U.S. users suggests that regulatory oversight could be restricting platform usage. Despite this, Pump.Fun is thriving, generating over $100 million in sales and substantial token production. Its collaboration with Orbitt MM aims to boost the visibility and trade volume of its memecoins. This development, along with legislative adjustments, underscores the adaptable and changing nature of Solana’s memecoin marketplace.
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2024-09-11 16:17