Livestream Ban Backfires: Meme Coin Platform Pump.fun Sees Revenue Fall

Quick Summary:

Fake Suicide After experiencing steady growth since early November, the daily revenue of meme coin launching platform Pump.fun plummeted.

Pump.fun has experienced a sharp drop in daily revenue after banning live streaming.

Revenue dipped from a monthly high of $5.3 million on Nov.24 to $3.6 million on Nov.27.

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Article Details

Author / Journalist: Terence Zimwara

Category: Crypto

Markets: Japan

Topics: Pump.fun Meme Coins Featured

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 22:30:44 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Article Length: 7 words

Reading Time: 1 minutes read

Sentences: 1 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 23956963

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 15 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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