Crypto Streamers Profit from Leaked Songs on Pump.fun
- The streaming duo known as Bagwork claimed to have played unreleased songs from Drake and Future, leading to their Solana meme coin reaching a $53 million market cap.
- Bagwork earned $83,410 in creator fees over two days during the weekend.
- Pump.fun has seen an explosion in creator rewards, with $20 million claimed over the past week.
- Drake responded by calling Adin Ross during a live stream to inquire about the content creators behind the leaks.
The Bagwork duo leveraged Pump.fun’s platform to capitalize on leaked tracks from major artists, boosting their token’s value significantly. This event highlights the growing trend of DeFi-enabled livestreaming platforms like Pump.fun that reward creators based on token trading activity.
Bagwork’s success reflects how quickly viral content can impact market dynamics in the crypto space, as evidenced by their rapid earnings and token value surge. (Source)
