- Orbitt MM now boosts volume for Pump.Fun memecoins, enhancing Solana projects.
- The integration enables new tokens to achieve attention and sustainability on Solana.
Orbitt, the Solana (SOL) project accelerator, has announced a substantial enhancement to its market-making service, which now supports volume boosts for Pump.Fun Tokens for a great time. This change is expected to boost the success of the new Pump.Fun projects that benefit the larger Solana nature.
Beginning September 6, Orbitt MM will fuel activities for the new Pump.Fun tokens are intended to increase visibility and attract a broader audience. This integration is intended to assist meme currency projects in achieving the trading volume required for user appeal and long-term sustainability. Pump.Fun’s optimization with Orbitt MM launchpad is a significant advancement in its aim to support Solana token initiatives.
Orbitt MM Enhances Pump.Fun’s market presence
Orbitt MM will allow Pump.Fun initiatives to generate considerable pre- and post-launch volume, attract more money, and perhaps revive old projects through community takeovers. Artur Guliński, the founder of Orbitt, expressed delight for the relationship, citing its role in rebuilding trust and separating high-quality projects from less reputable ones.
Pump.Fun has emerged as the dominant protocol in terms of fees, with 24-hour revenue exceeding that of the following 15 crypto protocols combined. By making token generation easier, it has reduced barriers to entry for meme coin producers. Once a token has completed its debut on Pump.Fun and has moved to Raydium, Orbitt MM will continue to support its volume-boosting efforts on this important Solana decentralized exchange (DEX).
Despite the increased competition, Pump.Fun retains a lead in several indicators. According to Dune Analytics statistics, Pump.Fun has topped $100 million in total revenue, making $278,914 in the last 24 hours compared to SunPump’s $36,139. Pump.Fun also leads in new active addresses and other critical performance indicators, having gained a first-mover advantage since its January launch.
And Pump.Fun’s recent warning to U.S. users signals that regulatory scrutiny may be limiting access to the platform. Pump.Fun continues to prosper, with over $100 million in sales and significant token production, and its partnership with Orbitt MM anticipates increasing the awareness and volume of its memecoins. This move, together with legislative changes, demonstrates the dynamic and evolving character of Solana’s memecoin market.
Source: https://www.livebitcoinnews.com/orbitt-mm-integrates-volume-boost-for-pump-fun-memecoins-on-solana/