Pump.fun, a memecoin launchpad, transferred 100,000 SOL tokens worth $23.66 million to Kraken Deposit, making it a total of 200,000 SOL transferred within 24 hours. This transfer comes as Pump.fun celebrates its highest monthly revenue of $93 million in November. Despite a drop in revenue in the final week due to harmful content in livestreams, the platform recorded a significant increase earlier in the month. Pump.fun has faced criticism for facilitating pump-and-dump schemes and disturbing content but continues to attract users. Solana-based meme coins have contributed to its success, and the platform plans to launch new features and tokens in the future.



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