{"id":125069,"date":"2025-03-14T11:17:33","date_gmt":"2025-03-14T11:17:33","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125069"},"modified":"2025-03-14T11:17:33","modified_gmt":"2025-03-14T11:17:33","slug":"pump-fun-memecoins-are-dying-at-record-rates-less-than-1-survive","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125069","title":{"rendered":"Pump.fun memecoins are dying at record rates, less than 1% survive"},"content":{"rendered":"

Source: Cointelegraph.com NewsThe memecoin frenzy on Pump.fun is hitting a wall, with the platform\u2019s \u201cgraduation rate\u201d sinking below 1% for a fourth straight week.
\n\u201cGraduation rate\u201d is the memecoin launchpad\u2019s term for tokens that make it through the incubation phase and become fully tradable on a Solana decentralized exchange (DEX). To graduate, a token must meet specific liquidity and trading requirements.
\nOver the past four weeks, starting Feb. 17, Pump.fun\u2019s graduation rate has remained below 1% for the first time, Dune Analytics data shows.
\nPump.fun\u2019s tanking token success rate. Source: Dune AnalyticsPump.fun\u2019s graduation rate has never been particularly high. The platform\u2019s best-performing week was in November 2024 when 1.67% of memecoins moved on to the open market. However, the sheer volume of tokens launched on the platform at the time made this percentage more significant than it is now. During the week starting Nov. 11, 323,000 tokens were created on Pump.fun, meaning the 1.67% graduation rate translated to roughly 5,400 tokens entering Solana\u2019s DeFi economy in a single week.
\nRelated: Pump.fun\u2019s memecoin freak show may result in criminal charges: Expert
\nWith token creation volume declining on both Pump.fun and Solana, weekly token graduations have plummeted to a four-week average of around 1,500 tokens at the time of writing, according to Dune.
\nMemecoins are dying, and they\u2019re not responding to positive market signals
\nPump.fun\u2019s dropping graduation rate reflects waning investor appetite for memecoins, which have developed a reputation as degenerate lottery tickets or quick cash grabs for their creators.
\nSeveral political figures have launched their own memecoins as well, including US President Donald Trump. His token is down 84% from its all-time high set on Jan. 19, according to CoinGecko.
\nRelated: Argentine lawyer requests Interpol red notice for LIBRA creator: Report
\nMemecoins\u2019 struggles persist despite improving liquidity, according to Matrixport. In February, Matrixport analysts noted that a strengthening US dollar had pressured Bitcoin prices by tightening dollar-denominated liquidity.
\nSince then, the US dollar has weakened. Over the past month, the US Dollar Index (DXY), which measures the dollar against a basket of major currencies, peaked at 107.61 on Feb. 28 before dropping to 103.95 on March 14.
\nDXY performance in the past month shows the US dollar weakening. Source: TradingView\u201cThe US dollar has recently weakened, leading to a rebound in liquidity indicators and some marginal improvements in inflation data. Despite these positive shifts, memecoins \u2014 previously one of the strongest narratives during this bull market \u2014 continue to struggle significantly, with no apparent recovery,\u201d Matrixport said in its report.
\nBitcoin caught in memecoin aftershocks
\nThe struggling memecoin market has contributed to a $1 trillion wipeout in crypto market capitalization, according to Matrixport.
\n\u201cThis redistribution of wealth may lead investors to remain cautious about deploying further capital, causing rebounds \u2014 even those triggered by better-than-expected inflation data \u2014 to be limited,\u201d the report noted.
\nMatrixport analysts warn that this could lead to further Bitcoin declines, with a potential retracement to as low as $73,000 \u2014 a level they believe would provide \u201cstrong support.\u201d
\nMagazine: Ridiculous \u2018Chinese Mint\u2019 crypto scam, Japan dives into stablecoins: Asia ExpressRead More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Source: Cointelegraph.com NewsThe memecoin frenzy on Pump.fun is hitting a wall, with the platform\u2019s \u201cgraduation rate\u201d sinking below 1% for a fourth straight week. \u201cGraduation rate\u201d is the memecoin launchpad\u2019s… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125069"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125069"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125069\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125069"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}