I. What is Pump.fun?
Pump.fun was launched on Solana in February 2024 as a one-click issuance platform for meme tokens. It allows users to quickly respond to news or social events by creating and trading tokens. Whenever the market cap of a meme token reaches $69,000, Pump.fun adds $12,000 of liquidity to Raydium (Solana's leading DEX) and burns the LP tokens. Due to its fair narrative and automatic liquidity addition and burning mechanism, Pump.fun addresses the issue of rug pull caused by excessive privilege, making it popular among meme narrative enthusiasts.
II. Overview of Pump on Gate
The Pump on the Gate is a newly launched, user-friendly channel for trading meme tokens. It aims to help users quickly discover meme coins with the potential to deliver 100x returns.
The Pump page includes three sections: Latest, Upcoming, and Listed.
1.Latest: Here, you can view the latest token launches on Pump.fun. You can search for tokens of interest by entering the contract address in the search bar or scroll through the list to find potential tokens. The displayed information, including launch time, progress, and trading volume, helps you evaluate and select high-quality meme tokens. Gate's system retrieves token launch times with second-level precision, allowing you to seamlessly access the latest launch updates and monitor the market in real-time.
2.Upcoming: Based on the overall progress of projects in the Pump market, the list is updated in real-time, and those with the highest combined metrics will be ranked at the top. This setup makes it easier for you to identify and assess promising meme projects. Evaluations are based on factors such as listing time, market cap, trading volume, and transaction amount.
3.Listed: Based on the listing time, the data is updated in real-time and ranked by the most recent listings down to the second, allowing users to immediately notice market changes and view the latest successfully listed meme tokens.
The three sections of Gate Pump effectively simplify the process for users to discover quality meme tokens, offering a visual and structured display of meme market dynamics. To enhance the trading experience, users can easily buy and sell tokens on the Dex page for secondary market transactions.
III. How to Access the Pump Page?
You can find the Pump page in the following two sections: the "Earn" in the App and the Web3 page.
1.Open the Gate App, tap "Earn" on the homepage, and after the page redirects, tap "Pump" to start.
2.Open Gate App, tap " Web3", connect to Web3 wallet successfully, tap "price", tap "Pump" to proceed.
IV. How to Use the Gate Web3 Wallet?
1.Create Wallet
If you already have a Gate Web3 wallet, simply log in and connect.
If not, follow the registration process: Create a wallet — Generate a recovery phrase — Set a password — Complete the creation
2.Import Wallet
If you want to import another wallet, follow the import process.
3.Connect Wallet
Enter the Pump page and connect your wallet. Note that Pump is built on the Solana blockchain, so only SOL wallet accounts are currently supported.
4.Purchase SOL
No SOL in your wallet: Purchase SOL on the Gate main site — Web3 Wallet — Receive — Withdraw from Gate to Web3 Wallet Select token SOL — Select network SOL — Transfer
SOL available in your wallet: Web3 Wallet — Receive — Select token SOL — Copy wallet address — Transfer your SOL assets to wallet address
Once you have completed the steps above, you can select and trade your preferred meme tokens.
V. How to Buy and Sell MEME Assets on Gate Pump?
1.Enter the Pump Page:
Gate homepage — Tap "Earn" — Find the Pump page
Web3 Wallet—Market — find the Pump page
2.Enter the name or contract address of the token you wish to purchase in the search bar.
3.On the token detail page, you can buy or sell any tokens you desire.
VI. More About Pump
We hope the information provided has clarified what Pump.fun is and the basics of the Pump section on Gate. We also introduced where to find the Pump section and how to trade. But we offer more than just this:
1.Data Capture and Updates Measured in Seconds
Data in the three sections of the Pump page is captured and updated in seconds, providing timely updates on new projects, upcoming listings, and successful listings.
2.Display of Dynamic Fund Pool Change for Successful Listings
The fund pool for successful listings changes in real time, allowing users to evaluate meme token trends based on funding and trading volume, assisting their trading decisions.
3.Project Information and Historical Launch Records
To help users evaluate projects, we added a new feature to the project information. Simply enter a project's contract address to view its historical launch records, aiding your decision-making on whether to buy.
4.We are continually working on more innovative features for Pump. Stay tuned for exciting updates!
Gateway to Crypto
Trade over 1,700 cryptocurrencies safely, quickly, and easily on Gate
Download Gate App / Web Client now>>>
Follow us on Gate X (Twitter) to get more bonuses>>>
Join our Telegram to discuss hot topics>>>
Join our Global Community to get more updates>>>
We provide 100% proof of reserve>>>
Sign up to enjoy max. $6666 in rewards exclusively for new users
Get 40% commission from referrals
Gate Team
October 21th, 2024
