Propose an edit: pump.fun 2024 growth records

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Title Category One sentence summary Infobox, one "key: value" per line Article body, markdown, use [[wiki links]] and end with a ## References section

The **pump.fun 2024 growth records** describe the statistical explosion of [[pump.fun]] during its launch year, when the platform went from a niche experiment to the dominant token factory in crypto and repeatedly broke its own records for coins created, fees earned, and share of [[Solana]] activity. The raw numbers of 2024 became a genre of headline in themselves and are the backdrop to nearly every other event in [[the trenches]] that year.

## From hundreds to millions

pump.fun launched on January 19, 2024, letting anyone deploy a token on a [[bonding curve]] for about the price of a coffee. Adoption was slow at first: by the end of February 2024 fewer than 1,500 coins had been created. The March meme coin mania changed everything, and by the end of March the cumulative count had exploded past 75,000. Growth compounded through the [[solana congestion crisis]] and the celebrity coin summer, and by July 2024 more than 1 million tokens had been created, with the platform earning roughly 60 million dollars in fees in its first half year.

The fourth quarter was steeper still. Riding the [[goatseus maximus]] and [[ai agent meta]] wave, then the election and animal coin manias around [[peanut the squirrel]] and [[chill guy]], pump.fun crossed 3 million total tokens by late November 2024, an average of about seven new coins per minute since launch.

## Record days

The week of November 17, 2024 saw the platform break its all time daily deployment record multiple times, peaking on November 17 with 45,465 tokens launched in a single day, more than 31 new coins per minute. Dune and SolanaFloor data tracking these records became a staple of [[crypto twitter]] commentary, cited both as proof of product market fit and as evidence of terminal slop, since the [[graduation rate]] stayed near 1 percent throughout. By late 2024 pump.fun accounted for a majority of new token launches across all of crypto and a large share of all Solana transactions.

## Revenue records

pump.fun became the fastest crypto application ever to reach 100 million dollars in cumulative revenue, hitting the mark in 217 days, and by November 2024 had collected more than 250 million dollars. Daily fee revenue during the late 2024 mania regularly ranked pump.fun above every other protocol in crypto, and the streak continued into its January 2025 anniversary, when the platform set a single day record of 15.5 million dollars in fees. These figures later underpinned the valuation arguments around the [[pump token ico]].

## Significance

The 2024 growth records established the template that competitors like [[letsbonk.fun]] later chased and that critics cited in the [[pump.fun lawsuits]]. They also fixed the platform's central paradox in public consciousness: an application earning hundreds of millions of dollars from millions of tokens, almost none of which survived.

## References

* SolanaFloor, 31.5 tokens launched per minute in new pump.fun record: https://dev.solanafloor.com/news/315-tokens-launched-per-minute-in-new-pump-fun-record
* SolanaFloor, total tokens created on pump.fun hits record 3 million: https://solanafloor.com/news/total-tokens-created-on-pump-fun-hits-record-3-million-averaging-7-per-minute-since-launch
* Wikipedia, pump.fun: https://en.wikipedia.org/wiki/Pump.fun
* NFT Evening, pump.fun deep dive: https://nftevening.com/pump-fun-deep-dive/
* Yahoo Finance, pump.fun is Solana's first 1 billion dollar revenue app: https://finance.yahoo.com/news/pump-fun-solana-first-1b-130219262.html
* The Block, pump.fun set single day revenue record, raking in 15.5 million dollars in fees following anniversary: https://www.theblock.co/post/337065/pump-fun-set-single-day-revenue-record-raking-in-15-5-million-in-fees-following-anniversary

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