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Memecoin leverage trading protocol Wasabi raised $3M!
The funding round was led by Electric Capital, with participation from Alliance DAO (formerly DeFi Alliance), Memeland, Spencer Ventures, Cygaar, Luca Netz, Santiago R. Santos, and DCF God.⬤
Memecoins are the biggest trend in this bull market!
The reason is simple: current infrastructure projects launch their tokens with a fully diluted valuation (FDV) of 1-5 billion dollars, leaving no space for retail investors to earn.
That is why, in my opinion, projects that provide infrastructure for memecoins can perform really well in this bull market.
One such example is Pump.fun
Pump.fun helps everyone launch a #memecoin that is instantly tradeable without having to seed liquidity. Everyone can deploy a coin for under $2 in one click.
Based on data from DefiLlama, the current daily revenue of Pump.fun fluctuates between $500K and $1.5M!
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