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Pump.fun has entered the billion-dollar club. How much business does the "MEME ATM" still have left?

Author: Frank, PANews On March 8, Pump.fun's cumulative revenue exceeded $1 billion, making it the first platform on Solana to reach this milestone and firmly establishing itself as the most prominent money-printing machine in the MEME sector. However, as the hype subsides, the question is no longer "who earns the most," but rather how much business these MEME-originating platforms still have left. Looking at leading ecosystem projects such as Pump.fun, GMGN, Four.meme, Axiom, as well as Photon, BullX, and BONK, the answer is becoming increasingly clear: MEME has not disappeared; instead, business is becoming more concentrated at the top, with the differentiation between chains and platforms becoming more pronounced. Pump.fun: The "absolute oligopolist" spanning bull and bear markets, with hundreds of millions in profit yet struggling to consolidate gains.
MEME5,55%
SOL2,99%
BONK7,26%
PANews·03-17 07:38
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