TLDR
- Pump.fun has introduced a new “Callouts” feature that allows users to alert their followers about specific tokens.
- CEO Alon Cohen will test the feature by promoting a low-market cap token to see its impact on engagement and visibility.
- Users can make one call every six hours and are ranked on a global leaderboard based on their activity.
- The callouts feature aims to highlight coins earlier in their lifecycle and drive demand through increased visibility.
- Pump.fun has rolled out new creator tools, including fee splitting and token ownership transfer, to promote long-term commitment.
Pump.fun has introduced a new feature called “callouts,” sparking debate within Solana’s meme coin community. The feature, which allows users to alert their followers about specific coins, went live this week. CEO Alon Cohen announced he would use the feature to test a low market cap token.
Pump.fun Launches ‘Callouts’ Feature
Pump.fun has rolled out its callouts feature, allowing users to alert followers about coins through push notifications. The feature lets accounts make one call every six hours. Users are ranked on a global leaderboard based on activity and engagement.
The feature aims to help highlight coins earlier in their lifecycle. It operates within Pump.fun’s bonding curve system, where coin prices increase with demand. By allowing users to share coins with their followers, the platform seeks to increase visibility for newly launched tokens.
Following the feature’s launch, CEO Alon Cohen announced he would personally test the callouts feature. He plans to use it to promote a low market cap token to his followers. This announcement has led to widespread speculation among traders about potential gains.
Many traders are eager to see the impact of Cohen’s test call. A high-profile callout could quickly draw attention and liquidity to a token. However, some traders have raised concerns about the possibility of market manipulation or security risks.
Platform Changes and Growth
Pump.fun continues to evolve with new structural changes. Recently, it introduced new creator tools, shifting away from its previous fee model. Token creators can now split fees across multiple wallets and transfer ownership after launch.
Despite these changes, Pump.fun remains one of the busiest meme coin launchpads in the crypto space. In the past 24 hours, over 30,000 tokens were launched, and trading volume exceeded $113 million. The platform’s active wallets have doubled over the past week, indicating a surge in speculative activity.
Pump.fun’s token, PUMP, is currently trading at $0.0027, reflecting a 7% decline in the day’s market. However, the token remains well below its all-time high, showing a challenging market condition. The platform’s new features and focus on user engagement could influence future trends within the meme coin space.
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