The memecoin frenzy on Pump.fun is facing challenges as the platform’s “graduation rate” drops below 1% for the fourth consecutive week. The term “graduation rate” refers to tokens that successfully navigate the incubation phase and become fully tradable on a Solana decentralized exchange (DEX). Data from Dune Analytics shows that Pump.fun’s graduation rate has been consistently below 1% since February 17. While the platform saw a peak of 1.67% in November 2024, the current volume of tokens launched has made this percentage less significant. With declining token creation on Pump.fun and Solana, the average weekly token graduations have fallen to around 1,500 tokens. This trend reflects a diminishing investor interest in memecoins, often seen as speculative assets or quick money-making schemes. Despite efforts to improve liquidity, memecoins continue to struggle, with notable figures like US President Donald Trump experiencing significant drops in their token values. The weakening US dollar and market uncertainties have contributed to the challenges faced by memecoins, potentially leading to further declines in the market. Matrixport analysts warn of a possible retracement in Bitcoin prices and caution investors to remain vigilant amidst the market volatility.<\/p>\n","protected":false},"excerpt":{"rendered":"
The memecoin frenzy on Pump.fun is facing challenges as the platform’s “graduation rate” drops below 1% for the fourth consecutive week. The term “graduation rate” refers to tokens that successfully navigate the incubation phase and become fully tradable on a Solana decentralized exchange (DEX). Data from Dune Analytics shows that Pump.fun’s graduation rate has been […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/64934"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=64934"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/64934\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=64934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=64934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=64934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}