The post Pump.fun beats the odds: Can $1.3 mln daily revenue spark a rally? appeared on BitcoinEthereumNews.com. Key Takeaways Why does Pump.fun stand out in the crypto market? The Solana memecoin launchpad posted healthy revenues despite the market downturn over the past ten days. Does this bode well for PUMP? It should, but evidence of that wasn’t yet visible on the price charts. The PUMP token trend remains bearish. On Friday, the 10th of October, crypto markets went careening downward. The altcoin market cap was slashed by 12.68% on the day, and the sentiment remained fearful. Even though the storm, one protocol has been minting money. Source: The Block Pump.fun [PUMP] posted an impressive $1.31 million in daily revenue on the 20th of October. By comparison, one of its competitors, Moonshot, only had $17.45k in revenue on the same day. Source: Token Terminal Revenue and activity have indeed slowed down across the market in October. Pump.fun, which has its own decentralized exchange, PumpSwap, saw a slight increase in revenue over the past week. It rose from $5.787 million to $6.073 million, while DEX exchange revenue dropped from $39.875 million to $30.477 million in the past week. This revealed a dramatic slowdown for the DEX sector in terms of revenue. Source: The Block Pump.fun dominated the token graduations on Solana launchpads. It commanded a 95.45% market share of token graduations at the time of writing. Once a memecoin reaches the end of its bonding curve, it graduates to an external or internal DEX. Before March 2025, the graduated tokens were automatically routed to the Raydium DEX. This changed after the launch of PumpSwap. Should you buy PUMP? Source: PUMP/USDT on TradingView Despite the platform’s overall success, PUMP retained its bearish outlook. On the daily chart, its structure was firmly bearish. There was an imbalance overhead that coincided with the former swing lows. This confluence made the $0.0048-$0.005 a… The post Pump.fun beats the odds: Can $1.3 mln daily revenue spark a rally? appeared on BitcoinEthereumNews.com. Key Takeaways Why does Pump.fun stand out in the crypto market? The Solana memecoin launchpad posted healthy revenues despite the market downturn over the past ten days. Does this bode well for PUMP? It should, but evidence of that wasn’t yet visible on the price charts. The PUMP token trend remains bearish. On Friday, the 10th of October, crypto markets went careening downward. The altcoin market cap was slashed by 12.68% on the day, and the sentiment remained fearful. Even though the storm, one protocol has been minting money. Source: The Block Pump.fun [PUMP] posted an impressive $1.31 million in daily revenue on the 20th of October. By comparison, one of its competitors, Moonshot, only had $17.45k in revenue on the same day. Source: Token Terminal Revenue and activity have indeed slowed down across the market in October. Pump.fun, which has its own decentralized exchange, PumpSwap, saw a slight increase in revenue over the past week. It rose from $5.787 million to $6.073 million, while DEX exchange revenue dropped from $39.875 million to $30.477 million in the past week. This revealed a dramatic slowdown for the DEX sector in terms of revenue. Source: The Block Pump.fun dominated the token graduations on Solana launchpads. It commanded a 95.45% market share of token graduations at the time of writing. Once a memecoin reaches the end of its bonding curve, it graduates to an external or internal DEX. Before March 2025, the graduated tokens were automatically routed to the Raydium DEX. This changed after the launch of PumpSwap. Should you buy PUMP? Source: PUMP/USDT on TradingView Despite the platform’s overall success, PUMP retained its bearish outlook. On the daily chart, its structure was firmly bearish. There was an imbalance overhead that coincided with the former swing lows. This confluence made the $0.0048-$0.005 a…