Fantasy.top and Pump.fun have risen as prominent cryptocurrency protocols, securing positions within the top ten based on fees and revenue generated.
Despite its recent inception, both platforms have swiftly amassed large user bases and substantial trading volumes, as indicated by DefiLlama data.
Fantasy.top, a decentralized exchange specializing in trading cards featuring prominent crypto personalities, currently ranks seventh. It lags behind Tron but outperforms PancakeSwap on BNB Smart Chain. According to DefiLlama, Fantasy.top has generated over $924,000 in fees in the past 24 hours and over $9 million in the last month.
Launched on May 1 by the pseudonymous creator Travis Bickle, Fantasy.top gained significant traction following endorsements from notable crypto influencers like Ansem.
“Since Ansem’s tweet, our growth has been phenomenal. While Fantasy’s virality has been evident from the outset, this time, the scale is unprecedented,” Bickle shared on the social media platform X.
Pump.fun, a platform dedicated to launching and trading meme coins, holds the eighth position in terms of fees generated. According to DefiLlama, Pump.fun set a new daily revenue record of over $752,000 on Tuesday.
Users can easily create meme coins on Pump.fun by providing a name, ticker, and JPG image for less than $2, without needing to supply seed liquidity. The platform emphasizes preventing rug pulls by ensuring that tokens launched through it have no pre-sales or team member allocations.
The dynamic and rapidly evolving nature of the cryptocurrency landscape is exemplified by both Fantasy.top and Pump.fun. They underscore the substantial user interest and financial activity in decentralized and innovative trading platforms.
Read More: MarketVector by VanEck introduces Meme Coin Index
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