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Celebs and Memecoins How Pumpfun Turned Hype into Millions

Author
theWeb3.news
Published
Thu 30 May 2024
Episode Link
https://theweb3.news/crypto/celebs-and-memecoins-how-pumpfun-turned-hype-into-millions/

Pumpfun, a burgeoning memecoin, gained significant traction after a series of strategic endorsements from celebrities. This led to a substantial increase in both its market value and user base. Influencer partnerships and viral social media campaigns played pivotal roles in driving public interest and investment. This rise in popularity translated into millions of dollars in revenue for the coin’s creators. The coordinated hype around Pumpfun exemplifies the power of celebrity influence and effective meme marketing in the cryptocurrency space.

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