Post #11503

P​u​m​p​.​f​u​n launches Investment Fund, starting with $3M hackathon Pump Fund is a new investment initiative dedicated to startups in its ecosystem. The company is starting with a Build in Public (BiP) Hackathon that will distribute $3M in funding across 12 selected projects. Eligibility requirements > Launch a token > Build a project > Own at least 10% of the token’s supply > Build in Public: Posting on X, forming a Community & Streaming on Pump fun are HIGHLY encouraged > Apply via theform Since reaching an all-time high in September, PUMP has dropped roughly 70% to $0.0025 ($2.57B FDV) as of today, amid a broader cooling in the Solana memecoin trade. Despite the price decline, the protocol continues to show strong on-chain activity, with TVL of $233M, DEX trading volume of $6.3B over the past 30D, and $84M in fees generated during the same period. Of this, $38.1M was recorded as protocol revenue, while $37.27M was distributed to holders. 🔗theblock.co/post/386168/pump-fun-new-investment-arm Follow us to be on top of crypto: TG | Chat | X