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This surge in activity solidified Pump.fun as a significant player in the memecoin ecosystem, demonstrating that overwhelming demand often proves market validity, much like previous NFT booms. The platform's revenue from trading fees soared, signaling its central role in crypto’s memecoin frenzy.

## Mechanics and Innovations: What Made Pump.fun Different?

Pump.fun's core innovation lay in its **bonding curve system**, allowing new tokens to start with a virtual pool and see their prices rise automatically as buyers participate. Early adopters were rewarded with better prices, while the system fostered immediate liquidity and community participation.