Key Notes
- The app allows users to create watchlists and manage portfolios, improving the trading experience.
- Launched in January 2024, Pump.Fun has become a major hub for meme coin enthusiasts, offering an easy-to-use platform for coin creation and trading.
Pump.fun, a prominent platform for meme coin creation on the Solana blockchain, announced today that it has expanded its services by launching a new mobile app for trading meme coins.
Sharing the news on X today, the decentralized platform said the app provides users with access to a wide array of meme coins including popular tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe coin (PEPE). Additionally, users can trade newer entries such as the Trump and Melania tokens, which were introduced in January 2025.
Not Accessible in the UK
The newly launched mobile app is compatible with both Android and Apple devices, making it accessible to a broad user base. However, due to regulatory uncertainties, the app is not available to users in the United Kingdom.
introducing the PUMP FUN MOBILE APP
the BEST way to trade ALL memecoins on Solana
CREATE COINS FOR FREE, buy sell coins lightning FAST, create watchlists, manage your portfolio and much more
Download the app NOW on iOS Android 👇🏻 pic.twitter.com/8bDX6SmGPY
— pump.fun (@pumpdotfun) February 14, 2025
In addition to trading, the new mobile app allows eligible users to create watchlists and manage portfolios. These features provide users with the opportunity to monitor their preferred tokens and track investments efficiently.
Pump.Fun came into the crypto market in January 2024 and has since become a central hub for meme coin enthusiasts on the Solana blockchain. The platform offers a user-friendly interface for creating and trading meme coins, attracting a diverse community of creators and traders. Its innovative approach has led to significant growth, with thousands of meme coins launched on the platform within a short period.
Pump.Fun Faces Legal Challenges
Despite its success, Pump.fun has faced legal challenges. Recently, rumors circulated that the launchpad is planning to roll out its own native token. The news, reported by Chinese reporter Colin Wu, claimed the platform had already teamed up with major crypto exchanges in preparation for the token launch.
However, a few days ago, co-founder Alon Cohen refuted these claims, stating that the leaked tokenomics and launch plans were false.
seeing rumors about a potential pump fun token – these are wrong
would advise not to listen to anything that didn’t directly come from @pumpdotfun
while the pump fun team has mainly been focused on improving the product in its 1-year history, the team has always been committed…
— alon (@a1lon9) February 9, 2025
Apart from the token launch rumours, Pump.Fun also encountered increased regulatory scrutiny, with a group of investors filing a class-action lawsuit against the launchpad. The lawsuit filed in a US court at the Southern District of New York claimed that Pump.Fun “facilitated the sale of unregistered securities, generating nearly $500 million in fees.”
The plaintiffs claimed the defendant breached federal securities laws in the United States. As a result, the lawsuit seeks damages on behalf of affected investors.
Last week, a law firm named Burwick Law and Wolf Popper LLP filed a motion against the platform, demanding the launchpad to delete all tokens affiliated with the company, particularly the Dogshit2 meme coin.
Influence on Other Blockchains
Meanwhile, Pump.fun’s success has inspired other blockchain networks to develop their own meme coin launchpads. Notably, BNB Chain introduced Four.Meme, a meme coin creation tool that functions just like Pump.Fun.
The tool offers features such as token creation, analytics, liquidity setup, and community incentives to foster growth.
The introduction comes as the meme coin ecosystem continues to garner significant attention, especially with the introduction of tokens themed around public figures like the US President Donald Trump.
nextDisclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
