The Pump.fun platform launched a 30-day incentive program based on daily rewards from the PUMP token, aimed at increasing trading volume and regaining its market share. The new update in the platform's system allows tracking user activity and distributing tokens based on trading volume. After the announcement, the price of the PUMP token rose by 17%, after having dropped due to the airdrop delay. Although the platform only holds 14.7% of the market share compared to 80.7% for a competing platform, the strong demand for its initial offering reflects significant interest from the community.
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