icon
icon
icon
icon
🏷️$300 Off
🏷️$300 Off

News /

Articles /

"Pump.fun Launches Mobile App for Free Meme Coin Trading"

Coin WorldFriday, Feb 14, 2025 4:11 pm ET
1min read

Pump.fun, a Solana-based token launchpad, has unveiled its mobile app, offering users the ability to trade meme coins and create new tokens for free via their mobile devices. The app, available in both Android and iOS app stores, operates similarly to the Pump.fun website, allowing users to create a profile with an email address or log in via Google, which automatically creates a Solana wallet utilizing wallet infrastructure from Privy.

The introduction of the mobile app comes in response to user demand, with a Pump.fun representative stating, "Our users asked for it, we gave it to them." The success of the app will be measured by user downloads, engagement, and continued active use as an alternative to the web UX.

After creating an account in the app, users can create a token at no cost or fund their wallets to buy and sell meme coins on the platform. Pump.fun takes a fee on every meme coin trade, which is used to cover platform costs, according to the app's disclaimer.

The Pump.fun app is listed in the "entertainment" category on both app stores and has generated approximately 50,000 downloads across devices, with user ratings lower than 2.5 stars out of 5 on average. The app was initially launched in app stores in October but was not feature-complete at the time. Pump.fun took the time to ensure the app was ready before its official release, with more features potentially on the horizon.

Since its launch, Pump.fun has been responsible for the launch of more than 7 million tokens, including former top 100 market cap tokens like Peanut the Squirrel (PNUT) and Fartcoin (FARTCOIN). The platform has generated nearly $500 million in fees during the last year, according to DefiLlama, drawing criticism from the community each time it sends Solana from its fee address to centralized exchanges.

Rumors recently circulated that the platform would be launching its own token, but project co-founder Alon Cohen quickly denied these speculations.

In December, Pump.fun blocked access for UK users following a warning from the country's financial regulator. The platform was also recently named in a lawsuit that alleges it enables the unregistered sales of securities.

Comments

Add a public comment...
Post
User avatar and name identifying the post author
Jazzlike-Check9040
02/14
50k downloads ain't bad for a new app. Wonder how many meme coins will be born next month.
0
Reply
User avatar and name identifying the post author
Far_Sentence_5036
02/14
Solana wallet integration makes it seamless. No need to juggle multiple apps for crypto shenanigans.
0
Reply
User avatar and name identifying the post author
infinitycurvature
02/14
I'm all for free token creation. Innovation breeds success, right? 🤑
0
Reply
User avatar and name identifying the post author
RhinoInsight
02/14
@infinitycurvature Ok bro
0
Reply
User avatar and name identifying the post author
No-Explanation7351
02/14
Just downloaded Pump.fun. Love trading meme coins on the go. Who else is holding $PNUT? 🚀
0
Reply
User avatar and name identifying the post author
k_ristovski
02/14
@No-Explanation7351 How long you been holding $PNUT? Any predictions?
0
Reply
User avatar and name identifying the post author
nrthrnbr
02/14
Meme coins going mainstream. Who's holding $PNUT? 🚀
0
Reply
User avatar and name identifying the post author
SojournerHope22
02/14
@nrthrnbr How long you been holding $PNUT? Any predictions on where it's headed?
0
Reply
User avatar and name identifying the post author
joe4942
02/14
Meme coins go brrrr 🚀
0
Reply
User avatar and name identifying the post author
FirmMarket4692
02/14
@joe4942 Meme coins to the moon, right? 🌕
0
Reply
User avatar and name identifying the post author
Guy_PCS
02/14
Fees cover costs, platform stays afloat.
0
Reply
User avatar and name identifying the post author
LividAd4250
02/14
Gotta diversify, holding $PN and $FARTCOIN
0
Reply
User avatar and name identifying the post author
ContentSort1597
02/14
Pump.fun app? More like moonshot 🌕
0
Reply
User avatar and name identifying the post author
bobpasaelrato
02/14
Got my eyes on $FARTCOIN. Not gonna miss out on this comedic gold rush.
0
Reply
User avatar and name identifying the post author
MrJSSmyth
02/15
@bobpasaelrato How long you planning to hold $FARTCOIN? Just flipping or long-term?
0
Reply
User avatar and name identifying the post author
cfeltus23
02/14
Pump.fun's fee is a small price for the fun (and potential gains) in the meme coin world.
0
Reply
User avatar and name identifying the post author
Really_Schruted_It
02/14
Pump.fun's fees cover platform costs. Not bad, but watch those centralized exchanges transfers.
0
Reply
User avatar and name identifying the post author
AbuSaho
02/14
Pump.fun's platform costs covered by trading fees? Fair game for all players involved.
0
Reply
User avatar and name identifying the post author
Hungry-Bee-8340
02/14
@AbuSaho Fees cover costs, but Pump.fun's reputation takes a hit with each Solana transfer to centralized exchanges.
0
Reply
User avatar and name identifying the post author
TobyAguecheek
02/14
Mobile app's in "entertainment"? 🤔 Kinda sus, but it works.
0
Reply
User avatar and name identifying the post author
Plane-Salamander2580
02/14
50k downloads and counting, what's next?
0
Reply
User avatar and name identifying the post author
MacaroniWithDaCheese
02/14
@Plane-Salamander2580 Yessir
0
Reply
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App