Ethereum’s Bottom and Pump.Fun’s Fallout

Two weeks ago, bitcoin’s march toward $100K hit a temporary pause, while Pump.fun showed us the unsettling side of financialization coupled with livestreaming. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin, ETH Capitulation, and Pump.fun Craziness … Read more

Livestream Ban Backfires: Meme Coin Platform Pump.fun Sees Revenue Fall

Pump.fun has experienced a sharp drop in daily revenue after banning live streaming. Fake Suicide After experiencing steady growth since early November, the daily revenue of meme coin launching platform Pump.fun plummeted. Revenue dipped from a monthly high of $5.3 million on Nov. 24 to $3.6 million on Nov. 27. This sharp decline seemingly coincides … Read more