A company that is changing the way the world mines bitcoin

BitcoinSistemi 2025-01-02 16:44:08

Memecoin Creation and Trading Platform Pump.fun's Deposits on Kraken Exceed $300 Million!

Solana-based memecoin creation platform Pump.fun has surpassed $300 million in deposits on cryptocurrency exchange Kraken, according to on-chain data. Pump.fun's Kraken Deposits Surpass $300 Million The platform moved an additional 120,000 SOL worth approximately $14.76 million on January 1, 2025, bringing its total deposits to 1,500,893 SOL. Featured Transactions According to On-Chain analytics account Lookonchain, Pump.fun sold 264,373 SOL for 41.64 million USDC. The Pump.fun fee account contains 70,284 SOL worth over $14.4 million and Jito Staked SOL worth $24.4 million. Pump.fun’s latest transfer comes amid a significant decline in key metrics: The daily trading volume of tokens launched by Pump.fun on the decentralized exchange Raydium has fallen significantly from the peak of $2.58 billion on November 19, 2024. The platform's daily revenue fell from $5.31 million on November 24, 2024 to $2.12 million as of January 1, 2025. Solana’s real economic value fell from $27.6 million on November 24, 2024, to $4.65 million by the end of December 2024. Weekly transaction fees on the network also reflect similar trends. The decline in activity comes at a time when Pump.fun is facing increased scrutiny. Last month, Chainalysis expanded its analysis to include memecoins created by Pump.fun. In November, Pump.fun came under fire for its controversial live streaming feature, which some saw as promoting harmful content. The feature was soon suspended following public outcry. While Pump.fun’s significant deposit into Kraken highlights its continued activity in the crypto space, the platform’s dwindling metrics and controversies underscore the challenges facing the broader Solana ecosystem and memecoin sector. *This is not investment advice. Continue Reading: Memecoin Creation and Trading Platform Pump.fun's Deposits on Kraken Exceed $300 Million!

Enim loetud uudised

Another Cryptocurrency Case in the US Ends wi...
2025-01-06
CFTC Regulatory Case Against Gemini Ends in $...
2025-01-06
Dogecoin Whales Spark Excitement with Massive...
2025-01-06
Ethereum whales buy this potential 1,000x tok...
2025-01-06
ZachXBT calls 99% of AI agent tokens scams
2025-01-06
DOGE Speculation Soars as Leaked Code Hints a...
2025-01-06
Dogwifhat price prediction 2025 – 2031: Will...
2025-01-06
Filecoin’s Recent Gains Suggest Potential for...
2025-01-06

Seotud uudised

EU’s MiCA Licenses for Crypto Firms Raise Question...
06 Jan 2025
Trading volumes have investors buying SHIB, SOL, a...
06 Jan 2025
Bitcoin and Ethereum ETFs Attract $585 Million Ami...
06 Jan 2025
Top 3 Low Cap Altcoins Posed for 3X in 2025
06 Jan 2025
Bitcoin and Ethereum ETFs Have Already Added $585...
06 Jan 2025
Trump’s Pet Doge (TRUMDOGE) Memecoin to Surge 13,0...
06 Jan 2025

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine