Search results for "ALON"
2026-03-26
09:04

Pump.Fun new update goes live: Behind 95% of users incurring losses, Meme Coin trading mechanism receives a crucial fix

Pump.Fun recent data shows that over 95% of users are losing money in Meme Coin trading, raising market concerns. To improve the trading environment, co-founder Alon has introduced an protocol update that restricts token creators from modifying fees. While these rule improvements enhance transparency, the Meme Coin market still faces oversupply and liquidity issues. Ordinary users remain at a disadvantage, and high risks still persist.
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10:55

Solana memecoin's daily issuance approaches 30,000 tokens, Pump.fun adjusts creator fee mechanism to cope with the surge

On January 16, it was reported that with the Solana ecosystem memecoin issuance approaching 30,000 tokens in a single day, the on-chain token creation platform Pump.fun announced an important adjustment to its creator fee structure to adapt to the rapidly rebounding market environment. This issuance volume has reached a new high since September last year and also reflects the continued enthusiasm of the Solana memecoin community. According to the official statement released by Pump.fun, this adjustment mainly targets the previously launched Dynamic Fees V1 under the Project Ascend framework. Co-founder Alon Cohen stated that the mechanism has achieved some success in attracting new creators and increasing on-chain transaction frequency, but it still falls short in guiding the behavior of ordinary token deployers. Some fee designs, in actual operation, have instead encouraged low-risk, high-frequency token creation, failing to effectively stimulate more engaged and liquid trading activities.
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SOL3.55%
08:56

Pump.fun Co-founder: Creator fee mechanism reform may lead to fee decisions being determined by traders

Pump.fun Co-founder Alon announced on the X platform that the creator fee mechanism will undergo significant reforms to address the issue of over-incentivizing low-risk token creation under the current system. In the future, traders will determine the value and use of creator fees, aiming to enhance market participation and liquidity. More information about the PUMP token will be announced later.
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PUMP3.46%