Memecoin factory Pump.fun became one of the most influential and polarizing forces in crypto this year, powering a surge of token creation, fueling speculative excess, and testing the limits of
Memecoin
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2025 was the year that defined memecoin culture. It began triumphantly, with billions of dollars in volume surging through hyper-financialized memecoin factories like Pump.fun. It quickly reached a violent crescendo
