The number of new tokens launched on Pump.fun has dropped by over 80% compared to the peak period
According to data from Dune Analytics, the number of new tokens successfully listed on the memecoin platform Pump.fun has fallen by more than 80% from its peak in January. The data shows that the number of tokens completing Pump.fun's "bonding curve" daily has dropped from nearly 1,200 on January 23rd and 24th to about 200 on February 26th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Federal Reserve may consider restarting reserve management bond purchases to stabilize the level of reserves
The Federal Reserve's reverse repo operation accepted $504.5 billion, with 17 counterparties participating.
UBS: The Fed’s Upcoming Rate Cuts May Boost the Stock Market
UBS: Fed Rate Cuts Could Boost Stock Market, S&P 500 Annualized Return May Reach 15%