Pump.fun unveils 'BOOST' token launch mechanism

Pump.fun (PUMP), a Solana-based memecoin issuance platform, has introduced BOOST, a new token launch mechanism that will apply by default to all new tokens issued on the platform, The Defiant reported. The project said more than $100 million in liquidity had effectively remained locked up each year as tokens moved from the Bonding Curve to liquidity pools, and it plans to use BOOST to reinject future generated liquidity into each token.