📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
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Pump.fun Launches 'Glass Full Foundation' to Support Memecoins Amid Revenue Decline
Pump.fun, a popular memecoin launchpad on the Solana blockchain, is fighting back against a sharp drop in revenue with a new liquidity-focused initiative. At its peak in early 2025, the platform generated over $7 million per day. But by August, daily revenue had plummeted to just around $200,000. To respond, Pump.fun has introduced the Glass Full Foundation (GFF) — an initiative designed to inject liquidity into selected ecosystem tokens and support the platform's most loyal communities. However, the team has not disclosed how the initiative is funded or how the supported tokens will be chosen. “GFF will inject significant liquidity into ecosystem tokens to support our most diehard cults,” the team said in a post on X. Some initial liquidity deployments have already been made, with more reportedly on the way.
Who’s at the Top? Among the most notable tokens in the Pump.fun ecosystem is fartcoin (FART), which recently surpassed $1 billion in market cap. The second-largest is peanut the squirrel, inspired by a viral Instagram story, currently valued over $253 million.
A Strategic Move in a Crowded Space The move comes at a time when rival platforms like LetsBonk.fun — backed by the Bonk community — have been gaining momentum and outpacing Pump.fun in activity and revenue. While Pump.fun’s announcement signals a commitment to supporting its existing user base, some observers remain cautious. The lack of transparency around GFF’s funding and token selection has raised questions about fairness and sustainability.
Growing Pains in the Memecoin Economy The memecoin boom that fueled Pump.fun’s early success is cooling. Analysts point out that without fresh momentum, many such platforms risk stagnation. By shifting its focus toward liquidity support, Pump.fun may be trying to evolve from a simple launchpad into a more resilient ecosystem hub — but whether the Glass Full Foundation can deliver on that promise remains to be seen.
#pumpfun , #solana , #memecoins , #CryptoLiquidity , #CryptoNews
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