Fri 14 March 2025 ▪
4
min at reading ▪
Enthusiasm for the same on the pump. The survival rate dropped below 1% for four consecutive weeks, reflecting the growing interest of investors for this type of speculative assets.
The same hecatomb on the pump.fun
The Pump.Fun platform, which specializes in launching the same on the Blockchain Solana, recorded the “diploma” rate below 1%from February 17th. This term refers to tokens that can go through the incubation phase to fully trade on the decentralized Solan (DEX) platform by fulfilling the specific liquidity and volume of transactions.
Even during its best period in November 2024, the success rate of the pump.Fun achieved only 1.67%. At that time, approximately 323,000 tokens were created in a week, which almost 5,400 of them allowed the integration of the Solan Defi ecosystem.
Today, not only the percentage of success has decreased, but the volume of tokens has also decreased significantly. According to Analytics Dune Analytics, data of the “graduates” of the tokens dropped to approximately 1,500, which clearly illustrated the decline in this phenomenon.
The decline persists despite positive market signals
This dissatisfaction for the same is part of the context where these assets have gained a reputation in highly speculative Paris or simple fast enrichment vehicles for its creators.
Even public personalities do not escape this trend as illustrated by the same same as US President Donald Trump (Trump Coin), a decline in 84% compared to its historical record of January 19.
A remarkable fact that this decline continues despite the improvement of global liquidity conditions. The recent weakening of the US dollar, the DXY index of 107.61 28. February to 103.95 14. March, should normally support the jump in this industry.
However, as Matrixport emphasizes in its report, ” Despite this positive development, the same, formerly one of the main arguments of the sale of this bull market, continue to know important problems, without apparent recovery ».
Matrixport analysts estimate that this abyss has contributed to a loss of $ 1,000 billion in the market capitalization of cryptocurrencies and could even affect bitcoins. They assume a possible decline up to $ 73,000, which is a level that they would give “solid support” to Queen of the Kryptes.
Spectacular collapse of MEMECOINS on the pump. This trend could encourage investors to double their caution and preferred more established digital assets.
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Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.