Pump.fun is a launchpad platform that primarily focuses on meme coins and operates on the Solana blockchain. It was created to address the issues of rug pulls and scams in the meme coin market, ensuring that all tokens launched on the platform have a fair launch. Pump.fun uses a bonding curve model to manage liquidity and allows users to create SPL tokens without any coding knowledge. The platform has gained popularity among retail traders and has seen rapid growth in liquidity on Solana. However, there are risks associated with market manipulation and fraudulent activities. The platform has faced criticism for offensive content and had to disable its livestream function. Overall, Pump.fun has lowered the barrier to entry for meme coin creators but users should practice good risk management.



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