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Nearly 70% of Pump.fun Tokens Die on Launch Day: CoinGecko


Nearly 70% of Pump.fun Tokens Die on Launch Day: CoinGecko

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CoinGecko analysis of more than 18.67 million tokens launched on Solana meme-coin launchpad Pump.fun since January 2024 found nearly 69% (about 12.8 million) stopped trading on their creation day and were inactive thereafter. Only 850,000 tokens (4.55%) lasted more than 90 days, highlighting severe token launch risk and weak adoption for small launchpads in the crypto and DeFi ecosystem.

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Nearly seven out of every 10 tokens launched on the Solana-based meme coin launchpad, Pump.fun, since January 2024, stopped trading on the same day they were created, according to a new analysis by CoinGecko.

The study examined more than 18.67 million tokens launched on the platform, excluding only those that never recorded any trading activity. It found that almost 69% of tokens, or around 12.8 million, saw their final trade on the day they launched and did not remain active beyond a single calendar day. Overall, only 850,000 tokens, or 4.55% of all launches, survived for more than 90 days.

Read the article at CryptoPotato

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In This News

Coins

$ 77.23

+3.70%

$ 0.00144

-2.34%

Predictions Markets

See what traders are focused on

View analytics →
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Share:

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