Pump.fun Doubles Down on Memecoin Market with New Mobile App Amid Token Surge

Pump.fun, a leading platform for memecoin creation, has intensified its efforts to capitalize on the memecoin craze by launching a mobile app for iOS and Android. This new app aims to provide greater accessibility, enabling users to create their own Solana-based memecoins and trade them on the go.

The app offers the same features as its web interface, including tools to manage memecoin portfolios, create custom watchlists, and monitor tokens. This move comes as Pump.fun continues to ride the wave of growing memecoin popularity, making it easier for users to join the trend.

This launch follows a wave of legal challenges for the firm, including a proposed class-action lawsuit accusing Pump.fun and its executives of violating U.S. securities laws. Despite these hurdles, the memecoin space appears to be expanding rapidly, with a record number of tokens being launched.

According to Bobby Ong, co-founder and COO of CoinGecko, 600,000 new tokens were created in January 2025 alone, a massive 12-fold increase compared to the same period in 2024. Ong attributes this surge to the rise of user-friendly token launchpads like Pump.fun, which allow individuals to create and launch tokens without technical expertise.

However, Ong also raised concerns about the rapid proliferation of new tokens and decentralized exchanges. He noted that with so many tokens flooding the market, liquidity and attention from traders may become fragmented, preventing the big altcoin rallies seen in previous market cycles. Ong explained that the sheer volume of tokens could stretch traders’ focus and liquidity, reducing the potential for standout performances from individual tokens.

Despite these concerns, the Pump.fun mobile app launch underscores the platform’s commitment to driving the memecoin movement forward, offering both new and existing users an easy way to participate in the rapidly growing market.