MemeCoin Generator Pump.Fun launches mobile apps for both iOS and Android devices, making the platform more accessible to users and effectively double the ongoing MemeCoin trend.
Pump.Fun’s new mobile app has features similar to the web interface. This allows users to create their own Solana-based Memecoin for free and trade existing tokens while on the go. In an announcement Friday, the company detailed that the app includes tools for users to manage their MemeCoins portfolio and create customized watchlists to monitor tokens.
The launch comes weeks after Pump.Fun was hit by a class action lawsuit proposed to accuse Pump.Fun of a violation of U.S. securities law. It also comes when the ongoing Memocoin trend appears to be accelerating.
Bobby Ong, co-founder and COO of Cryptocurrency Data Aggregator Coingecko, said on social media that 600,000 new tokens were launched on this year’s solo, highlighting a 12-fold increase over the same period in 2024. It emphasizes.
ONG launches token explosions on new monthly records, resulting from token launchpads like Pump.fun. This simplifies the token creation process and allows users to do so without technical expertise.
Additionally, launching new tokens is easier than ever, but ONG also pointed out that new blockchains and decentralized exchanges are growing rapidly. At this rate, he said there could be a billion tokens in circulation “in the next five years.”
The number of new tokens being launched can fragment the liquidity and attention available. “There are too many tokens. Each one spreads even thinner the limited attention and liquidity of traders. That’s why I don’t see the great Alt pumps from previous cycles,” Ong said on social media. .
Read more: CZ Dog Killed for 1 Memo Coin Creator and Killed All Others
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