The meme coin ecosystem is experiencing a dramatic shift as trading volumes on Solana launchpads hit six-month lows while perpetual futures decentralized exchanges see explosive growth. Data reveals a 42% weekly decline in grassroots meme coin trading to $796.2 million, contrasted by a 200% surge in perp DEX volume to $466.8 billion, signaling a significant capital rotation within the crypto markets.
about Meme Coin Volume Drops as Perp DEXs Surge 200%Adam Tehc
0 posts last weekPump.fun’s Dynamic Fees Boost Creator Earnings 10x
Solana-based token launchpad Pump.fun has implemented a groundbreaking dynamic fee structure through its Project Ascend initiative, dramatically increasing creator earnings. The new model scales fees from 0.95% for tokens with $88,000-$300,000 market caps down to 0.05% for $20 million+ tokens, rewarding creators proportionally to their token’s success. This update resulted in $1.9 million distributed to creators in 24 hours—a massive jump from the $198,000 distributed under the previous system. The platform, which began as a simple token creation tool in January 2024, has evolved to include livestreaming features that allow creators to build audiences while earning through token trading fees rather than traditional donations or subscriptions. Streamers report this model enables smaller creators to potentially outearn established Twitch streamers by leveraging crypto economics and community token ownership.
about Pump.fun's Dynamic Fees Boost Creator Earnings 10xZora Surpasses Solana in Token Launches, Hits Record High
Zora, a token launchpad on Coinbase’s Ethereum layer-2 network Base, set a new record by creating 51,575 tokens in a single day, surpassing Solana’s Pump.fun and LetsBonk. This marks the first time since early 2023 that a chain other than Solana has led in token launches. Unlike Pump.fun, which focuses on speculative token creation, Zora turns every social media post into a tradable token, blending content virality with crypto trading. While Pump.fun’s market share has dwindled due to bot-driven rug pulls, Zora’s model emphasizes authentic engagement, with artists like Jack Butcher gaining traction. The platform’s unique approach could redefine how social media and crypto intersect.
about Zora Surpasses Solana in Token Launches, Hits Record HighEx-Pump.fun Dev Jailed After $2M Crypto Fraud
Jarett Dunn, a former senior developer at Pump.fun, is detained in a London prison after breaching bail conditions related to his $2 million exploit of the Solana-based meme coin platform. Initially pleading guilty to fraud and criminal property transfer, Dunn later attempted to retract his plea, leading to his legal team withdrawing. Meanwhile, Pump.fun has surged in popularity, generating $770 million in revenue and launching a $600 million ICO. Dunn’s supporters likened him to a ‘crypto Robin Hood,’ though his actions harmed traders. The platform, once criticized for enabling pump-and-dump schemes, is now a dominant force in meme coin creation.
about Ex-Pump.fun Dev Jailed After $2M Crypto FraudPUMP Token Debuts at $5.6B FDV, Drops 7.3% in 3 Hours
Pump.fun’s PUMP token debuted on July 14 with a fully diluted valuation (FDV) of $5.6 billion but fell 7.3% within the first three hours, settling at an FDV of $5.12 billion. Trading volume hit $34.1 million, with 6,210 buys slightly outweighing 4,950 sales. The token’s launch followed a record-breaking 12-minute ICO that raised $500 million, distributing 125 billion PUMP at $0.004 per token. On-chain data revealed skewed participation, with whales dominating dollar terms (202 wallets hit the $1M cap) while small holders were more numerous. The token’s allocation includes 33% for the ICO, 24% for community initiatives, and 20% for the team. Pump.fun enforced KYC and excluded US/UK residents, branding the launch as a ‘compliant’ memecoin alternative.
about PUMP Token Debuts at $5.6B FDV, Drops 7.3% in 3 HoursBurwick Law Sues Pump.fun Over Investor Losses in Meme Coin Trading
Burwick Law is suing Pump.fun on behalf of investors who incurred losses from meme coin trading, highlighting concerns over the platform’s anonymity and illicit content. Despite generating $2.2 billion in weekly volume, only a small fraction of users have realized significant profits. Pump.fun has dominated Solana’s DeFi space, accounting for over 70% of new tokens on certain days, while the platform has earned approximately $398 million in revenue.
about Burwick Law Sues Pump.fun Over Investor Losses in Meme Coin TradingMajority of Pump.fun Traders Struggle to Achieve Significant Profits
Data reveals that 99.6% of Pump.fun traders have not surpassed $10,000 in realized profits, with only 55,296 wallets achieving this milestone among over 13.55 million. High-profit traders are scarce, with just 293 wallets exceeding $1 million. Analysts suggest that the actual number of profitable wallets may be higher due to unaccounted unrealized profits and incomplete calculations. Despite these challenges, Pump.fun has generated nearly $400 million in revenue by facilitating liquidity for memecoins.
about Majority of Pump.fun Traders Struggle to Achieve Significant ProfitsMajority of Pump.fun Traders Yet to Realize Significant Profits
Almost all traders on Pump.fun, a platform for Solana-based memecoins, have not realized over $10,000 in profits, with only 55,296 out of 13.55 million wallets achieving this milestone. Analysts suggest that the actual number of profitable traders may be significantly higher due to unaccounted unrealized profits and trading strategies. Despite a dip in the memecoin market, Pump.fun’s revenue is approaching $400 million, bolstered by substantial liquidity and trading activity.
about Majority of Pump.fun Traders Yet to Realize Significant ProfitsOnly 0.4 Percent of Traders Profit Over Ten Thousand Dollars on Pump.fun
Only 0.4% of Pump.fun traders have made over $10,000 from meme coins, with just 294 wallets achieving profits exceeding $1 million. Despite a growing number of profitable wallets, the graduation rate for tokens fell from 1.4% in November to 1.16% in December, highlighting the challenges in the market. The platform, which has launched over 5.7 million meme coins since January 2024, has faced scrutiny, leading to a ban on UK users after incidents of extreme behavior and regulatory warnings.
about Only 0.4 Percent of Traders Profit Over Ten Thousand Dollars on Pump.funPump.fun Dominates Solana Token Launches Amid Rising Meme Coin Popularity
Pump.fun has dominated the Solana network, accounting for approximately 70% of all token launches and 56.2% of transactions this month. Despite its controversial past, including a livestreaming feature that led to scams, the platform has evolved, generating over $79.94 million in monthly revenue and facilitating the creation of over 5.5 million tokens.
about Pump.fun Dominates Solana Token Launches Amid Rising Meme Coin Popularity