Pumpfunmeme
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Is the End Near for Pump.Fun? š»
TheĀ memecoin gold rushĀ may just be running out of steam.Ā
Trading volume forĀ Pump.funĀ tokens has collapsed 94%, falling fromĀ $3 billion in January to just $170 million today, asĀ fewer tokens āgraduateā to RaydiumĀ and trader fatigue sets in.
The frenzy that sawĀ presidential, influencer, and AI-themed coinsĀ explode has given way to skepticism, withĀ rug pulls, insider trading, and pump-and-dump schemesĀ souring sentiment.Ā
SolanaāsĀ memecoin supercycle has crashed 60-80% from all-time highs, wiping outĀ over $2 billionĀ in retail liquidity.Ā
Even high-profile launches likeĀ Trumpās official memecoin and LIBRA, promoted by the president himself, tanked 90% after meteoric runs.
Despite the downturn,Ā Pump.funĀ has still generated $570 million in revenueĀ since its January 2024 launchāa staggering figure in just over seven months.Ā
The platform is now pivoting,Ā launching a mobile app and teasing its own AMM, signaling that it sees the writing on the wall:Ā evolution is necessary for survival.Ā
The question is, can it adapt fast enough?
#Pumpfunmeme
TheĀ memecoin gold rushĀ may just be running out of steam.Ā
Trading volume forĀ Pump.funĀ tokens has collapsed 94%, falling fromĀ $3 billion in January to just $170 million today, asĀ fewer tokens āgraduateā to RaydiumĀ and trader fatigue sets in.
The frenzy that sawĀ presidential, influencer, and AI-themed coinsĀ explode has given way to skepticism, withĀ rug pulls, insider trading, and pump-and-dump schemesĀ souring sentiment.Ā
SolanaāsĀ memecoin supercycle has crashed 60-80% from all-time highs, wiping outĀ over $2 billionĀ in retail liquidity.Ā
Even high-profile launches likeĀ Trumpās official memecoin and LIBRA, promoted by the president himself, tanked 90% after meteoric runs.
Despite the downturn,Ā Pump.funĀ has still generated $570 million in revenueĀ since its January 2024 launchāa staggering figure in just over seven months.Ā
The platform is now pivoting,Ā launching a mobile app and teasing its own AMM, signaling that it sees the writing on the wall:Ā evolution is necessary for survival.Ā
The question is, can it adapt fast enough?
#Pumpfunmeme
Pumpfun has transferred 84,358 SOL ($9.32M) to Kraken today, bringing their total deposits to 2,883,418 SOL ($543.5M) at an average price of $189.
#pump #Pumpfunmeme
#pump #Pumpfunmeme
Black Mamba Kobe Bryant šš„š„
Listed pump.fun
š
JkSUdA3v2ieg28AVn3XXMRS1619pyKGArJd2wARpump
$SOL
#pumpfun #Pumpfunmeme #Pumpfuntoken
Listed pump.fun
š
JkSUdA3v2ieg28AVn3XXMRS1619pyKGArJd2wARpump
$SOL
#pumpfun #Pumpfunmeme #Pumpfuntoken
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