Just when you thought the meme coin frenzy couldn’t get any wilder, PumpFun, the launchpad known for its Solana-based meme coin mania, drops PumpFi.
This isn’t just another random token generator; PumpFi is pitched as a “DeFi-focused product” designed to grease the wheels for broader adoption of meme coins and NFTs. Barely after launching PumpSwap in collaboration with TRON, PumpFun unveiled this new platform that lets users buy digital collectibles on a payment plan.
Here’s the catch: to dive into PumpFi’s payment plans for memes and NFTs, buyers need to pony up one-third of the asset’s price upfront. While PumpFun is touting this as a step forward, some corners of the crypto community are scratching their heads, wondering if this whole thing is an elaborate April Fool’s joke that landed a few months late.