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The integration will go a long way in helping token launches on Pump.Fun boost their trading volume as well as their visibility.
Orbitt MM has shared that its market-making service is set to support volume boosts on the popular token launchpad Pump.Fun. According to a press release by the Solana-based project accelerator, the integration goes live on September 9, and will go a long way in helping token launches on Pump.Fun boost their trading volume as well as their visibility. Thereby, increasing the chances of success for such projects that it has helped to attract users and build sustainable momentum.
How Orbitt MM Will Enhance Pump.Fun Projects
Without a doubt, Orbitt MM’s integration with Pump.Fun opens up new possibilities for Solana-based meme coin projects. That is, by helping them generate pre- and post-launch volume. This does not only get the attention of the community but also boosts their general confidence. Now, these projects can experience higher trading volumes, which usually translates to more capital inflows and wider recognition.
It might be worth mentioning that the ability to drive volume is a very important issue in the world of meme coins. That is especially true considering that, for projects, standing out from the crowd literally boils down to this.
However, being distinct has also become extremely difficult. According to Orbitt’s spokesperson, Artur Guliński, Pump.Fun has been a “genuine game-changer” by creating a platform for generating tokens with ease.
Its success in lowering the barriers for memecoin creation has meant that several projects – many of which lack long-term planning – have now come up, Guliński explained. Part of his statement reads:
“Creators are no longer incentivized to build for the long term, while quality projects are crowded out.”
Per Guliński, Orbitt MM is seeking to fix this anomaly by seeing to it that only legitimate projects attract higher volume. This, he says, will distinguish them from the rest and provide a foundation for success.
It also goes without saying thatMemecoin projects also need to regain momentum in the area of CTOs (community takeovers). However, the Orbitt MM service also comes in handy in that regard. With increased visibility, projects look more convincing to their community that they are dedicated to consistent growth.
Restoring Trust and Reducing Volatility
In terms of fees, Pump.Fun is an undisputed leader. Its spot as the topmost protocol was confirmed when its revenue surpassed that of the next 15 crypto protocols combined.
Despite this success, however, the protocol has also been widely criticized for the risks that come with its easy system of token generation.
Aware of this, Orbitt MM will seek to restore trust and confidence among communities. That is, by ensuring that it provides a professional, volume-boosting solution for only high-quality projects.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Mayowa is a crypto enthusiast/writer whose conversational character is quite evident in his style of writing. He strongly believes in the potential of digital assets and takes every opportunity to reiterate this. He's a reader, a researcher, an astute speaker, and also a budding entrepreneur. Away from crypto however, Mayowa's fancied distractions include soccer or discussing world politics.
