Solana Memecoin Explosion: Record Volume on PumpSwap

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Historic Volume on PumpSwap

PumpSwap has reached a record trading volume of $1.28 billion in the last 24 hours with the resurgence of memecoin trading in the Solana ecosystem.

Fee Revenues Low

Despite high trading volumes, PumpSwap's fee generation has remained modest. The fee revenue recorded on January 5th was $2.98 million. This situation raises questions about the potential of memecoin trading.

Market Interest Inspires

This resurgence in memecoin trading has rekindled interest in the Solana market. However, uncertainty remains about whether sustainable profits can be achieved.

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Solana, memecoin, PumpSwap, trading volume, cryptocurrency