Pumpfun memecoin streams explode as creators pocket record earnings in last week

Solana-based memecoin launchpad Pump.enjoyable is using a wave of renewed adoption, with its native PUMP token climbing to an all-time high.

According to CryptoSlate’s knowledge, PUMP surged to $0.0086 on Sept. 14, setting a contemporary peak earlier than retreating by practically 3% to commerce round $0.008 at press time.

The newest transfer represents a pointy reversal for the asset, which had struggled for traction since its July debut and gave the impression to be dropping floor to rival tasks.

However, Pump.enjoyable has shifted momentum, leveraging product upgrades to regain market attention.

Streaming development

A key driver of this rebound has been the relaunch of Pump.enjoyable’s livestreaming characteristic. The platform, as soon as criticized for unsafe broadcasts together with cases of self-harm, paused the perform last 12 months.

However, its reintroduction has triggered a surge in consumer exercise, with livestreaming now contributing on to engagement and platform income.

Alon Cohen, Pump.enjoyable’s co-founder, stated the platform has already overtaken Rumble in common concurrent streams. He added that Pump.enjoyable now controls roughly 1% of Twitch’s market share and 10% of Kick’s.

Alon additionally signaled that the mission now not limits itself to crypto-native audiences however as an alternative seeks a foothold in mainstream content material streaming. He additionally outlined the a number of alternatives that streaming on the platform may present customers, by saying:

“When you stream on pump enjoyable you get INSTANT Creator Fees (100x+ of what you earn elsewhere). INSTANT viewership with a neighborhood that’s incentivized to assist you. Free clipping on X (different socials quickly). And 24/7 assist from the crew.”

Despite ongoing criticism of its method, Alon has brushed apart considerations, arguing that new entrants inevitably face scrutiny and that rivals will proceed to emerge.

He stated:

“first they stated that memecoin exercise would by no means maintain then they stated that nobody would ever stream on pump enjoyable now they’re saying that pump enjoyable streaming just isn’t sustainable I ponder what they’ll give you subsequent.”

Creator earnings rise

The renewed exercise has translated into direct gains for creators on the Solana memecoin launchpad.

Data from Dune Analytics confirmed that creator earnings on Pump.enjoyable soared to $20 million in the last seven days, which is a record weekly payout for the platform.

The knowledge reveals that the highest 25 creators earned between $24,100 and $123,000 in the previous 24 hours alone.

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