- V2EX surged 6,200%, NOTHING by 1,600%, and pup by 1,250%.
- Anonymous creators launched tokens on Solana’s Pump.fun.
- Increased activity noted in transaction volumes and liquidity.
V2EX, NOTHING, and pup have experienced dramatic value surges on the Pump.fun platform within the past 18 hours on Solana’s network.
The event highlights Solana’s growing role in speculative token activities, with rising memecoin volumes and no direct impact on major cryptocurrencies.
The tokens V2EX, NOTHING, and pup launched recently on the Pump.fun platform, showing substantial growth within hours. Anonymous creators manage these projects, maintaining a focus on decentralized finance. Regarding future plans, Alon Cohen, Co-founder, Pump.fun, said:
“Neither he nor the platform had plans to issue ” as of April 2025.
V2EX alone surged over 6,200% in 24 hours, indicating massive market interest.
With a combined trading volume exceeding $25 million, these memecoins have generated significant activity. Pump.fun, a Solana-based launchpad, supports this anonymous and rapid token creation, further establishing its position in the cryptocurrency arena.
Solana plays a vital role in this memecoin surge, driving transaction volumes and channeling liquidity. There is no notable impact on Bitcoin or Ethereum, as activity primarily resides within Solana’s DeFi sector. This trend is part of Pump.fun’s influence since early 2024, replicating previous token booms like FARTCOIN.
Historical trends indicate potential sustainability issues with such tokens, often driven by social media hype. Potential outcomes include strengthened Solana network demand or increased volatility, informed by data that highlights speculative interest. This development contributes to a larger pattern of speculative investing in the memecoin domain.
