The meme coin trading platform Pump.fun has set a new daily revenue record of $15.5 million amid the hype surrounding a new token.
The rapid growth in metrics is linked to the launch of Vine Coin — a meme coin from Rus Yusupov, one of the three founders of the once-popular short video platform Vine. Interest in the project was fueled by X owner Elon Musk, who pointed out the possibility of reviving the brand within his platform. One of X's engineers also reported plans to rename the video tab to Vine.
