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Billionaire fund manager drops bold message for streamers
Billionaire fund manager Tim Draper has invited crypto streamers to join his online channel, DraperTV, on the Pump.fun crypto platform. The Draper Associates founder urged his X followers to watch DraperTV on Pump.fun.
Launched in January 2024, Pump.fun is a Solana-based meme coin launchpad where anyone can create and immediately trade coins, requiring the least technical prowess. To put it simply, a meme coin is a type of cryptocurrency that is created as a parody of mainstream cryptocurrencies. Nonetheless, the popularity of coins like Dogecoin, a parody of Bitcoin (BTC), after Elon Musk's shoutout has turned it into a serious segment within the crypto economy.
The Solana-based launchpad makes it very easy to mint and trade coins without the need for coding or trading experience. Solana is one of the leading blockchain ecosystems, and its explosive growth over the years has turned it into the world's sixth-largest cryptocurrency by market cap. The network’s builders and investors will gather at the Solana Breakpoint in Abu Dhabi in a few weeks. Key announcements expected during the annual developer and ecosystem conference could shape the future of the SOL token.
What is DraperTV crypto streaming?
Launched on Pump.fun on Oct. 10, DraperTV lets you watch content featuring Draper and other leading entrepreneurs. The DTV token was trading at $0.0071 at the time of writing, and its market cap stood at $7.2 million. Draper earlier shared that DraperTV will be sharing exclusive rewards within its community over the next few months.
Tim Draper and crypto
Well-known for his VC investments in Tesla, SpaceX, Twitter, Coinbase, and Robinhood, Draper is a strong Bitcoin advocate. He is among the first billionaires to acquire Bitcoin. When the U.S. Marshals Service auctioned the BTC seized from Silk Road in 2014, he spent $19 million to buy 30,000 BTC. Bitcoin was exchanging hands at $108,053.42 at the time of writing.
This article has been published in thestreet.com via Yahoo News.
Billionaire fund manager invites streamers to pump.fun
Billionaire fund manager Tim Draper has invited crypto streamers to join his online channel, DraperTV, on the Pump.fun crypto platform. "Pump.fun is allowing users to come on, be our fans, and we'll make magic happen together. We are not exactly sure how it's all gonna evolve but we are ...