Pump.fun launches utility token support program "Spotlight"

On November 1, Pump.fun announced the launch of the utility token support program "Spotlight" to help utility tokens without Meme attributes gain more attention and liquidity, in order to support the development of startups or projects. Pump.fun stated that the program will select teams whose tokens have utility value within the ecosystem and are integrated into the company's long-term strategy, and will assist these teams in formulating issuance plans. The Spotlight program is now open for applications.