Solega Co. Done For Your E-Commerce solutions.
  • Home
  • E-commerce
  • Start Ups
  • Project Management
  • Artificial Intelligence
  • Investment
  • More
    • Cryptocurrency
    • Finance
    • Real Estate
    • Travel
No Result
View All Result
  • Home
  • E-commerce
  • Start Ups
  • Project Management
  • Artificial Intelligence
  • Investment
  • More
    • Cryptocurrency
    • Finance
    • Real Estate
    • Travel
No Result
View All Result
No Result
View All Result
Home Cryptocurrency

Pump.fun Tokens Drop to September 2024 Lows

Solega Team by Solega Team
March 10, 2025
in Cryptocurrency
Reading Time: 2 mins read
0
Pump.fun Tokens Drop to September 2024 Lows
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter



While the broader crypto market is experiencing bearish trends, several cryptocurrencies are experiencing reduced attention. Meme coins are among such assets.

On-chain data from the blockchain analytics platform Dune reveals that meme tokens created using the Solana-based meme coins generator Pump.fun have declined to lows from September 2024. As of this writing, the total tokens launched on the meme token generator have dropped below 12,000.

Pump.fun Tokens Down

Since its debut in January 2024, Pump.fun has become a go-to platform to create meme coins on the Solana blockchain. This is mainly because the platform allows users to deploy meme tokens with minimal or zero programming language knowledge and technical expertise in creating and managing a cryptocurrency.

According to Dune, the meme coin generator has birthed hundreds of thousands of meme tokens in just over a year. Pump.fun saw its peak number of created tokens in a single day on January 23rd when over 71,700 meme coins were launched.

Notably, Pump.fun aided the creation of viral meme coins like TRUMP. Although TRUMP made waves shortly after its debut, it failed to garner attention weeks later. An earlier report shed light on how low the Trump-themed meme token has gone, dropping from being the second-largest meme coin by market cap ranking to a cataclysmic 82% decline from its all-time high. This unsustained long-term growth and other legal issues facing Pump.fun and its tokens have likely triggered users to refrain from using the platform.

After the sudden mid-February crash of the Solana-based meme coin LIBRA tied to the Argentine president Javier Milei, Pump.fun saw reduced engagement in fees, users, and tokens generated.

Way Back Up?

It remains uncertain how Pump.fun will garner the attention and user engagement it once had. Still, crypto experts believe meme coin projects with sustainable utilities will weather the ongoing bearish trend.

These utilities/use cases can include incorporating non-fungible tokens (NFTs), decentralized applications (dApps), artificial intelligence (AI) tools, etc., into their ecosystem.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!



Source link

Tags: DropLowsPump.funSeptemberTokens
Previous Post

Is This the Beginning of the End of Big Social Media?

Next Post

Google DeepMind’s latest research at ICML 2023

Next Post
Google DeepMind’s latest research at ICML 2023

Google DeepMind’s latest research at ICML 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR POSTS

  • 10 Ways To Get a Free DoorDash Gift Card

    10 Ways To Get a Free DoorDash Gift Card

    0 shares
    Share 0 Tweet 0
  • They Combed the Co-ops of Upper Manhattan With $700,000 to Spend

    0 shares
    Share 0 Tweet 0
  • Saal.AI and Cisco Systems Inc Ink MoU to Explore AI and Big Data Innovations at GITEX Global 2024

    0 shares
    Share 0 Tweet 0
  • Exxon foe Engine No. 1 to build fossil fuel plants with Chevron

    0 shares
    Share 0 Tweet 0
  • They Wanted a House in Chicago for Their Growing Family. Would $650,000 Be Enough?

    0 shares
    Share 0 Tweet 0
Solega Blog

Categories

  • Artificial Intelligence
  • Cryptocurrency
  • E-commerce
  • Finance
  • Investment
  • Project Management
  • Real Estate
  • Start Ups
  • Travel

Connect With Us

Recent Posts

What Marketers Need to Hear Directly

What Marketers Need to Hear Directly

August 4, 2025
How I Built Leadership Courses That Actually Work

How I Built Leadership Courses That Actually Work

August 4, 2025

© 2024 Solega, LLC. All Rights Reserved | Solega.co

No Result
View All Result
  • Home
  • E-commerce
  • Start Ups
  • Project Management
  • Artificial Intelligence
  • Investment
  • More
    • Cryptocurrency
    • Finance
    • Real Estate
    • Travel

© 2024 Solega, LLC. All Rights Reserved | Solega.co