The pump.fun app, which focuses on memecoins, has experienced a resurgence in revenue, recording 12 straight days of at least $900,000. This comes as memecoins gain popularity, with the pump.fun token MOODENG generating significant interest. Despite other memecoins experiencing losses, pump.fun has had a consistent week and a half of revenue. Crypto influencers have also begun promoting memecoins, with predictions that they will outperform other cryptocurrencies in the future. However, some skeptics warn that joining the memecoin trend late may result in losses. Nonetheless, pump.fun has already generated over $120 million in revenue, highlighting its sustained success.
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