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Pump.fun Developers Launch Mobile Application

Pump.fun Developers Launch Mobile Application

The “meme token factory” Pump.fun has unveiled a mobile application for iOS and Android.

Users can buy, sell, and issue coins, as well as create watchlists and manage their portfolios using their smartphones.

The mobile application will not be available to residents of the United Kingdom. In December, the FCA warned users against using the platform, urging them to “beware of fraud.” Following this, the service updated its terms of service in the country.

Earlier this year, Pump.fun encountered legal issues in the United States as well. The New York firm Burwick Law announced the preparation of a lawsuit against the platform on behalf of investors who lost “significant sums.”

Despite these challenges, Pump.fun remains one of the most popular platforms for issuing meme coins.

Back in its first year after launch, the platform’s daily revenue reached $15.4 million.

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