User mints 18,000 tokens on PumpFun, nets $3.8 million in profits
Coinbase director Conor Grogan suspects that creating tokens on Pump.fun is a profitable strategy, while an X user call it "rug farm."
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Scammers launched more than 6,800 fraudulent tokens to scam users amid the high-profile launch.
Cuban critiques crypto speculation, suggesting memecoins for US debt reduction with public fund tracking.
The Trump-family-backed DeFi platform advances with significant crypto acquisitions, signaling a bold move into both known and budding blockchain projects.