Samecoin Generator Pump.fun launched a mobile application for iOS and Android devices, which makes its platform more accessible to users and effectively doubles the even in progress craze.
The new mobile application of Pump.fun has features similar to its web interface. It allows users to create their own memecoins based on Solana for free and exchange existing tokens when traveling. In an announcement on Friday, the company detailed that the application includes tools for users to manage their same portfolios and create personalized surveillance lists to monitor tokens.
The launch comes just a few weeks after the pump. He also arrives at a time when the same trend in progress seems to speed up.
Bobby NGO, co-founder and chief of the exploitation of Cryptocurrency Data Aggregator Coingecko, underlined on social networks that 600,000 new tokens were launched in January of this year only, an increase of 12 times compared to the same period in 2024.
NGO attributes the explosion in tokens launches to a new monthly recording on chip cobblestones like Pump.Fun, which simplify the process of creating a token and allow its users to do it even without any technical expertise.
Although it is now easier than ever to launch new tokens, NGOs also stressed that new blockchains and decentralized exchanges are increasing quickly. At this rate, he said, there could be 1 billion tokens in circulation “in the next five years”.
The large number of new tokens launched could be fragmenting the liquidity and attention available. “Too many tokens, each spreading the limited attention and liquidity of even thinner traders. This is why we do not see the great alt pumps of previous cycles, ”said NGO on social networks.
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