Orbitt boosts trading volume for Pump.Fun in Dubai, September 2024

On September 9th, 2024, in Dubai, the Solana project accelerator Orbitt announced its market making service, Orbitt MM, is now supporting volume boosts for Pump.Fun. This integration aims to enhance the trading volume and visibility of token launches on the Pump.Fun platform, which is known for democratizing access to memecoin creation. By optimizing the service for Pump.Fun, Orbitt MM will facilitate both pre- and post-launch volume growth, attracting user interest and capital inflows. Artur Guliński from Orbitt highlighted that while Pump.Fun has revolutionized memecoin generation, it has also faced challenges due to its success, leading to a lack of long-term incentives for creators. The new service is designed to help legitimate projects stand out in a crowded market, ensuring they can achieve sustainable growth. This is particularly important as the memecoin space becomes increasingly competitive. The volume-boosting capabilities of Orbitt MM will also support community takeovers, allowing original memecoin concepts to regain visibility and attract investment. Once a token completes its bonding curve on Pump.Fun, the volume-boosting process will seamlessly transition to Raydium, further enhancing liquidity and trading activity. Overall, the collaboration between Orbitt and Pump.Fun is expected to create a positive feedback loop, increasing user engagement and reducing volatility in the memecoin market. This initiative not only empowers creators but also signals a commitment to building projects with a long-term vision, ultimately benefiting the broader crypto ecosystem.