📉 #pumpfun Volume Has Plummeted
🔎 Back in January, Pumpfun hit ath high with over $500M in volume. Now? It's sitting below $50M (excluding DEX activity)
The majority of the $PUMP ecosystem volume has shifted to its DEX, PumpSwap.
🧐 So, what happened? Here's a quick breakdown of the 3 key reasons behind the drop:
🔹 1. Rising Competition
New platforms are entering the scene fast. Launchpads like LetsBonk have started capturing significant volume — even surpassing Pumpfun in recent days.
🔹 2. Altcoin Rally Shifts Attention
With market sentiment turning bullish, many degens are rotating capital into trending altcoins rather than meme launches. Real coins are pumping — and it’s hard to ignore 2x–5x runs on majors.
🔹 3. Trend Shift & Oversaturation
The meme meta isn’t dead — we might still see another $1B coin like $FARTCOIN. But with millions of tokens in circulation and liquidity spread thin, it's harder than ever for random coins to graduate.
Institutions are also pushing the focus toward real utility and fundamentals, making it tougher for low-effort projects to thrive.