Category: Unsustainable
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Pump.fun hits $100m revenue, but users criticize unsustainable model
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Solana’s Pump.fun platform has generated over $100 million in revenue since its launch in January, but users are unsure if the milestone is good for cryptocurrencies and decentralized finance. It took 217 days, or nearly seven months, for the Solana (SOL) memecoin to launch. achieves Pump.fun has achieved record revenue,…
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Why is the fiscal impulse fading despite ‘unsustainable’ deficits? BofA discusses By Investing.com
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In a note issued earlier in the week, economists at Bank of America explored why fiscal impetus has faded despite persistently large deficits. The bank’s latest US weekly economic review noted that the slowdown in private and public investment in the first quarter of 2024 indicates that the significant fiscal…