Event:
Pump.fun, a big platform for launching memecoins within the Solana network, recently announced the release of a new product - PumpSwap. Literally in hours, hundreds of thousands of users began actively exchanging cryptocurrency for PumpSwap, which created a massive wave of shilling within the memecoin universe.
How have users reacted to PumpSwap?
After the magnificent success and purity of reputation for the Pump.fun project, the users positively responded to the initiation of a new project from the same group of people and began using it vigorously. Users further describe a very easy interface as well as splendid transaction speed.
Can PumpSwap compete with other exchangers?
Based on the fact that the number of PumpSwap users has already exceeded 388,000 up to this moment, we may assume that their project will become a very good competitor for other analogues and Maybe even become number 1 in the future.
PumpSwap realities:
The PumpSwap and Pump.fun crew has a colossal possibility to scale both narrowly concentrated among the memecoin market, as well as become history-makers. The maximum daily income from the platform for swaps was $ 2.1 million, which shocks the entire cryptocurrency market.
What is the conclusion that we can conclude from all this?
Very simple projects with difficult implementation and a good team can calmly continue the bullish cycle of memecoins, because it is such projects that increase the amount of liquidity in cryptocurrency in general. With figures of $ 1 billion per week, PumpSwap is actively moving forward and improving the state of both individual memecoins and the entire market.This article is not financial advice.
