17h ago
Pump just bought Padre.
Here’s what that actually means:
Pump[dot]fun, the leading memecoin launcher, has officially acquired the cross-chain trading terminal Padre.
The PADRE token is being phased out.
A snapshot was taken on October 24, and holders can claim $PUMP tokens in exchange by submitting their wallet before December 30.
Since the announcement:
→ PADRE dropped by approximately 75% after its utility was effectively removed.
→ PUMP saw a ~10% increase in price following the news.
→ The acquisition reflects a growing trend of consolidating volume and infrastructure under one roof.
But this is more than just a buyout.
Pump is securing the full trading stack, controlling not only where memecoins are launched, but also where they’re traded.
This marks the beginning of a new phase: vertical integration in the memecoin space.
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