Pump.fun Memecoins Face Mass Extinction, With Less Than 1% Surviving

Pump.fun Memecoins Face Mass Extinction, With Less Than 1% Surviving

Pump.fun's graduation rate, or the proportion of tokens that make it from incubation to full trading, fell below 1% for the fourth week in a row, suggesting that the memecoin craze is winding down. The Falling Success Rate of Pump.fun A memecoin is deemed "graduated" on Pump.fun when it satisfies particular liquidity and trading requirements, enabling unrestricted trading on Solana's decentralized exchanges (DEXs). But according t...

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