Orbitt Supercharges Meme Coins: Massive Gains on Solana Coming Soon!

By ETHNews
9 days ago
2024 SOL 2024 RAY GAINS
  • Integration aims to provide sustained market activity, attracting and maintaining user interest in meme coin projects.
  • Orbitt MM revitalizes older or inactive meme coins, enhancing their lifecycle and market relevance.

Orbitt, a Solana-based crypto project accelerator, has partnered with Pump.Fun, a launch platform for meme coins, to boost market activities for these digital assets. This collaboration aims to enhance the visibility and trading volumes of new meme coin projects introduced on the Solana network.

On September 6, the integration of Orbitt’s market-making service, Orbitt MM, with Pump.Fun was initiated. This service is specifically designed to increase trading activities for meme coins immediately after their launch, providing the necessary market presence to attract and sustain user interest.

Pump.Fun is known for its straightforward approach that allows creators to easily generate trading volumes, crucial for the early stages of a coin’s life cycle. 

With Orbitt MM’s involvement, these projects are expected to maintain a higher level of activity, ensuring they do not fade into the background amid the plethora of digital assets on the market.

Artur Guliński, the founder of Orbitt, highlighted the need for this partnership, pointing out that despite Pump.Fun’s innovation in democratizing the creation of meme coins, the surge in the number of projects has made it difficult for quality initiatives to get noticed.

Pump.Fun has been a genuine gamechanger in democratizing access to the memes of production but has become a victim of its own success. Creators are no longer incentivized to build for the long-term, while quality projects are crowded out. Orbitt MM fixes that, allowing legitimate projects to attract higher volume that will distinguish them from the chasing pack and provide a foundation for success.

By leveraging Orbitt MM, genuine projects can differentiate themselves with sustained trading volumes, helping them establish a long-term presence in the market.

Moreover, Orbitt MM also offers support for community takeovers, where it helps rejuvenate interest in older or inactive meme coins from Pump.Fun, thereby extending their lifecycle and relevance in the competitive crypto space.

The collaboration also extends to the Raydium platform once a token completes its initial launch phase on Pump.Fun. This ensures a smooth transition of market-making activities to one of Solana’s leading decentralized exchanges, which is vital for maintaining the momentum gained from the launch.

Overall, this partnership between Orbitt and Pump.Fun reflects a strategic effort to improve the infrastructure supporting meme coins on the Solana network, ensuring that these digital assets receive the necessary market attention to thrive. 

The post Orbitt Supercharges Meme Coins: Massive Gains on Solana Coming Soon! appeared first on ETHNews.

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