Nearly seven out of 10 tokens dropped on Solana’s Pump.fun since January 2024 vanished from trading the exact day they appeared, per fresh CoinGecko data. The deep dive covered over 18.67 million launches, skipping those with zero activity, and revealed around 12.8 million or 69 percent hit their last trade within 24 hours. Just 850,000 or 4.55 percent lasted past 90 days.
Pump.fun’s Token Tomb Emerges π
CoinGecko noted this graveyard vibe stems from how simple it is to spawn tokens there, letting creators flood the chain and abandon flops fast if hype fails to spark. Another 2.18 million tokens clung on for just one extra day before fading, often after brief trending or shoutouts that lost steam quick. Combined, over 15 million died within two days, topping 80 percent failure. Survival drops even sharper after that window, with 770,249 tokens or more than 4 percent active for two to three days, 642,614 or 3.4 percent stretching four to seven days, and 460,697 or 2.5 percent hitting eight to 14 days.
Meme Market’s Dark Fade π€
Broader meme coins have been bleeding value for months now, missing the prior cycle’s rush with failed recovery bids leaving icons far from peaks amid fresh chaos. Dogecoin lost almost 25 percent this past month while Shiba Inu slipped nearly 20 percent and Pepe shed over 27 percent. Check the full analysis here for those DeFi details that keep the scene so twisted β¨.
Just another echo from the void by iconofsin.eth π