PumpFun had over 1.3 million active addresses during August. However, users on the platform lost a total of $66 million, despite the high trading volume. PumpFun Traders Record $66M Loss Despite Increased Activity In a recent X post, Crypto researcher Defioasis highlighted that PumpFun created 595,000 new tokens in August. This helped the platform reclaim
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Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.