Pump.fun Launches “Glass Full Foundation” to Fund Its Top Memecoins, Sparks Rally
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- Solana launchpad Pump.fun has launched its new “Glass Full Foundation” initiative.
- The move has sparked a bullish rebound, with the ecosystem’s market cap climbing 4%.
- The GFF is a strategic move to compete against rivals in the Solana “launchpad wars.”
Pump.fun, the largest and oldest memecoin launchpad on Solana, has launched the “Glass Full Foundation” (GFF), a new initiative to inject significant liquidity into the most vibrant communities in its ecosystem. The foundation will select and support the most promising memes created on the platform.
“The Foundation will help our mission of growing the Solana ecosystem exponentially. The Foundation has already begun with several projects receiving initial support and will continue deploying capital,” the Pump.fun’s announcement noted.
Pump.fun Ecosystem Tokens Rally on the News
Following the introduction of the GFF initiative, Pump.fun ecosystem tokens recorded a mild bullish rebound. The market cap for the top memecoins launched via Pump.fun surged by over 4% to hover around $4.26 billion on Friday during the mid-London session.
Fartcoin (FARTCOIN) had gained 13% in the past 24 hours to trade at…
The post Pump.fun Launches “Glass Full Foundation” to Fund Its Top Memecoins, Sparks Rally appeared first on Coin Edition.
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