As a researcher with a background in blockchain technology and decentralized finance (DeFi), I find it fascinating to see new platforms like Fantasy.top and Pump.fun making waves in the cryptocurrency world. These protocols have managed to establish themselves as leading players, ranking among the top ten by fees and revenue generated within such a short timeframe.
In the realm of cryptocurrency protocols, Fantasy.top and Pump.fun have risen to prominence, earning spots among the top ten in terms of transaction fees and earnings.
Using a conversational tone, Although still fresh in the market, these two platforms have managed to amass substantial numbers of users and impressive trading activity levels, based on DefiLlama’s latest statistics.
In a decentralized trading marketplace specialized in crypto influencer collectible cards, Fantasy.top ranks seventh. It follows Tron but outranks PancakeSwap on BNB Smart Chain according to current standings. Based on DeFiLlama’s data, Fantasy.top generated approximately $924,000 in fees over the past day and around $9 million during the previous month.
The anonymous founder, Travis Bickle, introduced Fantasy.top on May 1. Subsequently, its user base expanded significantly due to endorsements from well-known crypto figures like Ansem, a prominent crypto trader, on platform X.
After Ansem’s tweet, there was an extraordinary surge in our growth. Although Fantasy’s popularity had been noticeable from the outset, the magnitude of this expansion is unlike anything we’ve experienced before. (Bickle expressed this on platform X)
I’ve analyzed the data from DefiLlama and found that Pump.fun, a popular meme coin launching and trading platform, ranked eighth in fees generated with an impressive daily revenue record of over $752,000 on Tuesday.
On Pump.fun, users can effortlessly generate meme coins by inputting a name, ticker symbol, and JPG image for under $2 without contributing initial liquidity. The goal at Pump.fun is to prevent fraudulent activities, such as rug pulls, by prohibiting pre-sales and excluding team member allocations for tokens launched on the platform.
The websites Fantasy.top and Pump.fun showcase the ever-changing and fast-paced character of the cryptocurrency marketplace. They underscore the substantial engagement and monetary transactions taking place in the arena of decentralized and groundbreaking exchange platforms.
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2024-05-08 18:40