The Meme Era Ends—What Comes After Pump.Fun?

Key Points

1. Pump.Fun raised $600 million in 12 minutes, making it the third-largest ICO in crypto history, with a total of $1.32 billion raised including private sales.

2. Binance has entered the bonding curve arena with a Pump.Fun-style token sale, potentially catalyzing a new wave of altcoin experimentation.

3. The article suggests that Pump.Fun might mark the peak of the meme coin cycle, similar to how DeFi Summer ended with SushiSwap's launch.

4. The crypto market is shifting focus towards real-world assets (RWAs) and stablecoins, indicating a move from speculative chaos to utility and structured participation.

5. Plasma, a new Bitcoin-based project backed by notable figures like Peter Thiel and Tether’s CEO, raised $20 million earlier in the year, signaling continued innovation in the space.