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

The memecoin launchpad Pump.fun recently introduced its upgraded trading terminal, Pump Advance, in a special X Spaces event on Oct. 19. The platform, which operates on the Solana network, described Pump Advance as the “fastest trading terminal” in the memecoin ecosystem.

One of the standout features of the new terminal is its non-custodial wallet option, allowing users to log in via email and maintain control over their own assets. To attract early users, Pump.fun announced 0% trading fees for the first month after launch.

In addition to these features, Pump Advance provides real-time monitoring tools for meme coins, including mini charts, top holder statistics, and social activity tracking, all aimed at giving users an edge in navigating the volatile memecoin market.

The team also teased the possibility of a future token release, although no specific timeline was provided.

As of the latest update, the Pump Advanced platform is live and operational. On the main page, users can view a dynamic chart showcasing the newest meme coins added to the Pump.fun ecosystem. The chart refreshes in real-time as new tokens are introduced, offering a transparent and up-to-date overview of emerging meme coins.

According to Dune Analytics, by Oct. 21, Pump.fun had already launched over 2.5 million unique tokens since its inception in January 2024. Each meme coin listed on the platform comes equipped with mini charts displaying its market performance, along with live threads and data on coin holders.

Additionally, the platform now allows users to directly purchase meme coins from the main page using the “Quick Buy” button, simplifying the buying process. At the top of the page, the “About to graduate” panel highlights upcoming meme coins that are nearing their official launch, providing users with a glimpse into future releases.

In September 2024, Pump.fun became the fastest-growing application by revenue in the crypto industry, generating over $100 million in revenue within the first seven months of its launch.

The platform has played a significant role in the surge of meme coins in the crypto space, allowing anyone to easily create meme-inspired tokens on the Solana blockchain. Once a token is launched, it begins trading on a bonding curve, which helps regulate its price. The token continues to trade on this curve until its market cap surpasses $69,000. This innovative approach has contributed to Pump.fun’s rapid growth and its impact on the meme coin ecosystem.