Pump.fun Now Rewards Users for Launching Successful Meme Coins
Pump.fun, the meme coin factory, has announced a new update that will reward users who successfully launch tokens on their platform.
In a recent tweet, Pump.fun revealed that the update, currently in beta, will eliminate the fee previously required to launch a token. Since its launch in January, Pump.fun has allowed users to create tokens by simply filling out a form and paying 0.02 SOL (approximately $3). For a meme coin to become tradable on decentralized exchange (DEX) Raydium, it must reach a market cap of around $69,000 to complete its ‘bonding curve.’
According to DeFi Llama, Pump.fun has been generating nearly $1 million in daily revenue, launching up to 18,000 tokens per day.
With the latest update, Pump.fun has removed the 0.02 SOL fee and will now pay 0.5 SOL (around $79) to the deployer of a token that completes its bonding curve.
“This change allows developers to create a coin without needing to purchase any of its supply,” the official Pump.fun announcement stated. “The reward is provided regardless of whether the developer holds any of the coin. This incentive encourages developers to push their coins to 100% completion.”
Community reactions have been mixed. Some investors appreciate the incentive, seeing it as motivation for developers to stay committed to their meme coins. This change comes in response to a trend where developers quickly sell off their tokens after launch, often leaving community takeover (CTO) teams to rescue the project—sometimes with the developer still involved.
However, not everyone is optimistic. Critics have voiced concerns about potential exploitation, with some suggesting that developers could manipulate the system by repeatedly buying their own tokens to claim the 50 SOL reward. There are also worries that this could lead to an oversaturation of meme coins in the market.
“Now, the hyperinflation of coins will continue as developers launch hundreds of coins daily in hopes of earning $80,” tweeted Yogurt.eth, founder of the alpha trading group Yogurtverse. “Interesting update.”
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