Pump.fun, the same Launchpad corner on Solana which became viral last year, once again made the front page of the newspapers after sending around 16 million dollars in soil to the exchange of Kraken crypto, fueling speculations that the platform has profits in the middle of a renewed activity in the Sola Solana currency ecosystem.
According to chain data Shared on X by the blockchain Lookonchain blockchain analysis platform, Pump.fun deposited 105,233 soil worth 15.86 million dollars at the time, in Kraken. This decision brings the pump deposits.
Pump.fun has become a major player in the Solana Memecoin ecosystem since last year, offering users a simple interface to launch and exchange tokens even on the go. The platform would have obtained a reduction in negotiation costs and also benefits from the tokens it launches, which gives it a sufficient benefit of the wild swings of the meme parts.
These recent deposits also suggest a renewed interest in Solana Memecoin's projects.
The pumping deposits indicate the evolution of the mood of investors
Coherent profits by Pump.fun suggests that proof is proof that the capital platform regularly on cyclical media threshing memes, converting its soil into stablescoins or fiat as peaks of interest.
About a week ago, Reported lookonchain This pump.fun deposited 117,913 soil worth $ 18.26 million, bringing its Kraken deposits to 3,097,265 soil ($ 575 million). It also sold 264,373 soil for 41.64 million USDC at $ 158.
The chain data indicates that Pump.fun also made major deposits in early April, late March, February and in January in Kraken. However, recent deposits and the short interval between them have increased speculationWith certain quarters accusing the wider profits platform to the soil detriment.
Critics argue that the same money platforms encourage reckless speculation and carpet pull -ups. They are also regular Fun floor transfers.
Despite the concerns concerning the manipulation and sustainability of the market, the transfers of Pump.
Solana Memecoins Hemorrhage The value of scams and taking advantage
The samecoin projects, in particular those organized on Solana before, were relatively silent after the sharp drop in the official market capitalization of President Donald Trump, Trump, as well as that of his wife, Melania.
The market was also shaken following the collapse of the Balance Project approved by Javier Milei, the president of Argentina, who arose on the popularity of the Trump Samecoin.
The balance was a scam and would have been launched by bad players who, lining, drew investors and brought a blow on the same market, because the interests fell to a hollow of all time.
The impact of the collapse of the balance and the apathy of the same for the same people affected Pump's income.
Pump.fun endured 50% drop in tokens launchesSome commentators predicting that the figure could fall more. However, it seems to have resisted this lull as the platform tries to find the rhythm of token launches in January 2025.
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