For two consecutive days, Pump.fun's daily revenue surpassed Hyperliquid, ranking third among all DeFi protocols, behind only the money-printing machines Tether and Circle. This success stems from the launch of Pump.fun's "Project Ascend," a core upgrade on September 2nd that's friendly to livestream creators. Some users claim that a single Pump.fun livestream can generate revenue equivalent to a month's worth of YouTube revenue, prompting a surge in enthusiasm among creators for the livestreaming feature.
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As blue-chip stocks gradually migrate to blockchains, mainstream tokens will also apply for ETFs, becoming investable assets for traditional users. Clearly, @SeiNetwork will be among the first projects to be listed. In this era of crypto's transformation, the SEC is more focused on background checks; approval isn't necessarily based on a market capitalization of hundreds of billions of dollars. After all, many companies with similar market capitalizations can successfully go public.
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Although the token's value quadrupled within a minute when PumpFun founder Alon first bought it, and then quickly fell below its pre-purchase market value, its price trend has remained stable. Besides having many "big brothers"who shill and a strong community culture, its Twitter presence is also quite strong.
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