Pump.fun Token Graduation Rate Plunge: Is the Platform in Trouble?
- Only 68 tokens graduated today, compared to 215 the previous day
- Daily launches have dropped by over 51% in the past two weeks
- Graduation rate has fallen to its lowest point since May 2024
New data from Whale Insider indicates quite the decline in the number of tokens graduating from the cryptocurrency launchpad Pump.fun, with only 68 tokens graduating today compared to 215 the previous day.
This latest report points to a downturn in token launches and graduations on Pump.fun. Daily launches have fallen by over 51% in the past two weeks, from approximately 54k on February 11 to roughly 26k on February 25.
In line with this, the graduation rate has fallen to its lowest point since May 2024, with less than 1% of tokens launched on February 25 successfully graduating.
Revenue and User Activity Could Suffer
This isn’t good news for Pump.fun, as the drop in graduations could impact its revenue and overall activity.
If fewer token launches succeed, it may cause decreased user engagement and transaction volumes. This could push the platform to change its strategies or add new features to boost participation.
It’s hard to say for certain why this…
The post Pump.fun Token Graduation Rate Plunge: Is the Platform in Trouble? appeared first on Coin Edition.
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Pump.fun Token Graduation Rate Plunge: Is the Platform in Trouble?
- Only 68 tokens graduated today, compared to 215 the previous day
- Daily launches have dropped by over 51% in the past two weeks
- Graduation rate has fallen to its lowest point since May 2024
New data from Whale Insider indicates quite the decline in the number of tokens graduating from the cryptocurrency launchpad Pump.fun, with only 68 tokens graduating today compared to 215 the previous day.
This latest report points to a downturn in token launches and graduations on Pump.fun. Daily launches have fallen by over 51% in the past two weeks, from approximately 54k on February 11 to roughly 26k on February 25.
In line with this, the graduation rate has fallen to its lowest point since May 2024, with less than 1% of tokens launched on February 25 successfully graduating.
Revenue and User Activity Could Suffer
This isn’t good news for Pump.fun, as the drop in graduations could impact its revenue and overall activity.
If fewer token launches succeed, it may cause decreased user engagement and transaction volumes. This could push the platform to change its strategies or add new features to boost participation.
It’s hard to say for certain why this…
The post Pump.fun Token Graduation Rate Plunge: Is the Platform in Trouble? appeared first on Coin Edition.
Read More
Useless Coin (USELESS) Hits $100 Million Market Cap in Record-Breaking Rally