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What Is Pump.fun? The Solana Meme Coin Factory Pump.fun allows anyone to create Solana tokens in a minute for completely free, spawning some of the biggest memes of 2024. Ryan S. Gladwin By Ryan S. Gladwin Edited by Stephen Graves Jul 18, 2025 8 min read Add on Google Add Decrypt as your preferred source to see more of our stories on Google. In brief Pump.fun is a protocol that enables users to easily create meme coins on the Solana network. The platform has served as the launchpad for meme coins including Fartcoin, Peanut the Squirrel, Moo Deng and Chill Guy, as well as celebrity-endorsed meme coins. Pump.fun's livestreaming feature has seen meme coin creators performing stunts on camera in order to increase the value of their own tokens. In September 2024, Solana-based protocol Pump.fun became the fastest growing crypto app in history, surging to $100 million in revenue in record time. It’scontinued to grow, taking in more than $780 million in revenue, completing a $600 million initial coin offering, and creating more than 11.9 million tokens. The meme coin launchpad has birthed some of the biggest memes, viral metas, and dangerous moments in crypto history, including the ridiculous Fartcoin, a slew of celebrity tokens, and a developer setting himself on fire. Some have criticized the platform for oversaturating the meme coin market, while others have hailed it as the primary driver behind meme coin mania. So just what is Pump.fun? Read on to find out how the meme coin launchpad works.