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SecondLane lists equity stake in Pump.fun with valuation of 1.5 billion USD

Information about Pump.fun: Pump.fun is a memecoin platform on the Solana blockchain, having received investments from various funds like Alliance DAO and Big Brain Holdings. The development team announced plans to issue a token and a new trading terminal.

Performance and memecoin potential: Memecoins currently hold over 122 billion USD in market capitalization. Pump.fun has recorded impressive revenue due to the surge in memecoin trading.

Features of Pump.fun: The platform allows users to issue memecoins instantly with fees under 2 USD. However, data shows that 98% of potential memecoins fail to launch.

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