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Pump.fun Launches “Glass Full Foundation” to Fund Its Top Memecoins, Sparks Rally


by Coin Edition
for CoinEdition
Solana launchpad Pump.fun announces the Glass Full Foundation (GFF) to inject liquidity into memecoins.
  • Solana launchpad Pump.fun has launched its new “Glass Full Foundation” initiative.
  • The move has sparked a bullish rebound, with the ecosystem’s market cap climbing 4%.
  • The GFF is a strategic move to compete against rivals in the Solana “launchpad wars.”

Pump.fun, the largest and oldest memecoin launchpad on Solana, has launched the “Glass Full Foundation” (GFF), a new initiative to inject significant liquidity into the most vibrant communities in its ecosystem. The foundation will select and support the most promising memes created on the platform.

“The Foundation will help our mission of growing the Solana ecosystem exponentially. The Foundation has already begun with several projects receiving initial support and will continue deploying capital,” the Pump.fun’s announcement noted.

Pump.fun Ecosystem Tokens Rally on the News

Following the introduction of the GFF initiative, Pump.fun ecosystem tokens recorded a mild bullish rebound. The market cap for the top memecoins launched via Pump.fun surged by over 4% to hover around $4.26 billion on Friday during the mid-London session.

Fartcoin (FARTCOIN) had gained 13% in the past 24 hours to trade at…

The post Pump.fun Launches “Glass Full Foundation” to Fund Its Top Memecoins, Sparks Rally appeared first on Coin Edition.

Read the article at CoinEdition

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Pump.fun Launches “Glass Full Foundation” to Fund Its Top Memecoins, Sparks Rally


by Coin Edition
for CoinEdition
Solana launchpad Pump.fun announces the Glass Full Foundation (GFF) to inject liquidity into memecoins.
  • Solana launchpad Pump.fun has launched its new “Glass Full Foundation” initiative.
  • The move has sparked a bullish rebound, with the ecosystem’s market cap climbing 4%.
  • The GFF is a strategic move to compete against rivals in the Solana “launchpad wars.”

Pump.fun, the largest and oldest memecoin launchpad on Solana, has launched the “Glass Full Foundation” (GFF), a new initiative to inject significant liquidity into the most vibrant communities in its ecosystem. The foundation will select and support the most promising memes created on the platform.

“The Foundation will help our mission of growing the Solana ecosystem exponentially. The Foundation has already begun with several projects receiving initial support and will continue deploying capital,” the Pump.fun’s announcement noted.

Pump.fun Ecosystem Tokens Rally on the News

Following the introduction of the GFF initiative, Pump.fun ecosystem tokens recorded a mild bullish rebound. The market cap for the top memecoins launched via Pump.fun surged by over 4% to hover around $4.26 billion on Friday during the mid-London session.

Fartcoin (FARTCOIN) had gained 13% in the past 24 hours to trade at…

The post Pump.fun Launches “Glass Full Foundation” to Fund Its Top Memecoins, Sparks Rally appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Low-Cap Crypto Token Frenzy Raises Eyebrows as Fortunes Flip Overnight

Low-Cap Crypto Token Frenzy Raises Eyebrows as Fortunes Flip Overnight

Several low-cap tokens stormed the crypto leaderboard in August, leaving investors ba...
Crypto Market Cap Adds $200B in Days as Ethereum (ETH) Taps $4.2K: Weekend Watch

Crypto Market Cap Adds $200B in Days as Ethereum (ETH) Taps $4.2K: Weekend Watch

The total crypto market cap is above $4 trillion once again.