MEMECOIN GENERATOR PUMP.FUN has launched a mobile app for both iOS and Android devices, making its platform more accessible to users and effectively doubled the ongoing MEMECOIN.
Pump.Fun’s new mobile app has features similar to its web interface. It allows users to create their own Solana-based Memecoins for free and shop existing tokens while on the go. In a message on Friday, the company detailed that the app includes tools for users to manage their MEMECOINS portfolios and create custom monitoring lists to monitor tokens.
The launch comes only weeks after pump.Fun was hit by a proposed lawsuit that accuses the company and its leaders of violations of US securities law. It also comes at a time when the ongoing MEMECOIN ending only seems to accelerate.
Bobby Ong, co -founder and COO for Cryptocurrency Data Aggregator CoingeCko, has emphasized on social media that 600,000 new tokens were launched in January this year alone, a 12 times increase in the same period in 2024.
Ong attributes the explosion in token is launched into a new monthly record for Token Launchpads as pump.Fun, which simplifies the process of creating a token and giving its users the opportunity to do so, even without any technical expertise.
Although it is now easier than ever to launch new tokens, Ong also pointed out that new blockchains and decentralized exchanges are growing rapidly. At this speed, he said, there could be 1 billion tokens in circulation “for the next five years.”
The large number of new tokens launched could be fragmentation available liquidity and attention. “Too many tokens, each spreading the limited attention and liquidity of the traders even thinner. That’s why we don’t see the big altar pumps from previous bikes, ”Ongt said on social media.
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