After Pump.fun stopped its live streaming feature, revenue dropped by 33%
According to DL News, Pump.fun allows users to create and launch their own memecoin. As of November 24, its daily income has increased fivefold, reaching $5 million. However, the website's revenue fell by a third this week to $3.6 million.
Later on Monday this week, Pump.fun announced the prohibition of live streaming features. Data from DefiLlama shows that from Sunday to Monday, its revenue dropped by about $1.5 million - the largest single-day price fluctuation since DefiLlama began collecting data for this platform in March.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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