Pump.fun Hit with Second Lawsuit for Securities Violations

February 10, 2025

Catenaa, Sunday, February 09, 2025 – Memecoin launchpad Pump.fun is facing a second class-action lawsuit, with allegations that the platform facilitated the sale of unregistered securities disguised as memecoins.  Filed on January 30 in the US District Court for the Southern District of New York, the lawsuit claims Pump.fun has generated nearly $500 million in […]

Pump.fun Trading Volume Drops 94% as Memecoin Frenzy Cools

March 9, 2025

Catenaa, Sunday, March 09, 2025-Trading volume on Solana-based platform Pump.fun has plummeted 94% from its January peak, signaling a broader decline in the memecoin craze.  Daily volumes have dropped from $3 billion in January to roughly $170 million, reflecting waning trader interest and a slowdown in new token graduations. The platform’s token graduation rate—measuring the […]