Pump lets anyone issue a token for around $2 worth of Solana’s SOL in capital, after which they choose the number of tokens, theme, and a meme picture to go along. When the market capitalization of any token reaches $69,000, a portion of liquidity is deposited to the Solana-based exchange Raydium and burned.
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Shaurya Malwa
https://www.coindesk.com/markets/2024/08/14/pumpfuns-removal-of-2-issuance-charge-pushes-daily-fees-to-all-time-highs-but-users-are-unhappy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-08-14 12:00:56