pump.fun saw a drop in weekly revenue after disabling its live streaming feature due to user reports of harmful content. Previously, its revenue was on an upward trend in early November and peaked in the fourth week.
DefiLlama data shows that from November 18 to 24, pump.fun's weekly revenue reached $33.83 million. This is a 60% increase compared to the previous week and nearly 400% compared to the beginning of the month.
However, from November 25 to December 1, the platform's revenue dropped significantly, with revenue of $11.31 million that week, reversing the upward trend and a 66% drop from the previous week. (Cointelegraph)