Blockworks Analyst Estimates PUMP Valuation Between $0.0108 and $0.0205

Blockworks research analyst Shaunda Devens stated that PumpFun, a meme coin launchpad on Solana, has reached an annualized revenue of $677 million. The platform, which combines launchpad and DEX infrastructure, has seen daily trading volume on its mobile and terminal frontends grow 5.6 times since early July. With a cumulative revenue of $1.37 billion since 2024, PumpFun ranks as the second-highest revenue-generating application this year, excluding stablecoin issuers.