Pump.fun Expands Memecoin Momentum with New Mobile App as Latest Token Hits Historic Highs.

Pump.fun Unveils Mobile App to Capitalize on Memecoin Frenzy Amid Surge in Token Creation

Pump.fun, a prominent memecoin creation platform, has ramped up its presence in the growing memecoin market by launching a mobile app for both iOS and Android devices. This new app expands access for users, enabling them to easily create Solana-based memecoins and trade existing tokens, reinforcing the platform’s position in the memecoin craze.

The app mirrors the features of the Pump.fun website, allowing users to manage their memecoin portfolios, track tokens with personalized watchlists, and trade on the go. This move comes just after Pump.fun faced a proposed class-action lawsuit over alleged violations of U.S. securities laws, yet it enters a market that shows no signs of slowing down.

CoinGecko’s Bobby Ong, co-founder and COO, revealed that January 2025 saw the launch of 600,000 new tokens, marking a 12-fold increase compared to the same period in 2024. Ong attributes this surge to the rise of token launchpads like Pump.fun, which simplify the token creation process for non-technical users.

However, Ong raised concerns over the rapid increase in new tokens and decentralized exchanges, suggesting that the market could soon see 1 billion tokens circulating within the next five years. While launching tokens has never been easier, Ong warned that such a large volume of new projects could dilute liquidity and attention from traders. With so many tokens, Ong cautioned that the market may not witness the same explosive altcoin rallies as in previous cycles, as traders’ focus is divided among countless projects.

Despite these challenges, the release of Pump.fun’s mobile app signals the platform’s commitment to leveraging the burgeoning memecoin trend, offering users a seamless way to engage in a space that continues to grow at an unprecedented pace.

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