Imminent launch of Pump.fun token
Introducing Pump Advanced with innovative access
Expanding for multi-network support and enhanced security
The cryptocurrency landscape is getting ready for a major change: the imminent launch of the Pump.fun token. The platform, known for its innovative solutions, has also introduced Pump Advanced, a tool designed to enhance the user experience with real-time updates, advanced filters and detailed analysis of the main token holders.
Pump Advanced, which promises to transform the way traders interact with the market, includes an integration with Privy, a feature that enables access via non-custodial wallets. Notable for its initial no-cost approach, the service will be free for the first 30 days after its launch, although the future fee structure remains under deliberation.
introducing pump advanced: the FASTEST trading terminal
OPTIMIZED: mini charts, top holder stats, social activity & more all in one view
CHEAP: 0% fees for the first ~1mo
SECURE: login via email using Privy to create a non-custodial wallet
it’s time to dominate the trenches.
pic.twitter.com/YMzIqqPPRN
— pump.fun (@pumpdotfun)
October 19, 2024
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The team behind Pump.fun has gone to great lengths to reward early adopters of their service. “We will make sure to reward our early adopters,” they said, underlining the potential value added by the new token. By the end of August, the platform had already accumulated an impressive $100 million in fees.
In addition to its initial focus on the Solana network, Pump.fun has expanded its reach to the Blast network, providing greater flexibility in creating, issuing, and trading custom cryptocurrencies. Users can specify characteristics such as a name, ticker symbol, image, and description for their tokens, customizing them to their liking.
However, Pump.fun’s journey has not been without its challenges. In May, a critical security flaw was exploited by a former employee with administrative privileges, resulting in the theft of nearly $1,9 million worth of SOL tokens from liquidity pools. This incident highlighted the importance of robust security and ongoing vigilance on cryptocurrency platforms.
Disclaimer:
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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