TechFlow reported on November 29, according to DL News, Pump.fun allows users to create and launch their own memecoins. As of November 24, its daily revenue had increased fivefold to $5 million. However, this week the site's revenue fell by one-third to $3.6 million.
On Monday evening this week, Pump.fun announced it would ban live streaming features. DefiLlama data shows that from Sunday to Monday, its revenue dropped by approximately $1.5 million, marking the largest single-day price fluctuation since DefiLlama began collecting data on the platform in March.
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