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Only 15 Out Of 1.7M Memecoins On Pump.fun Manage To Cross The $10M Market Cap!

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By on August 13, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Only 15 Out Of 1.7M Memecoins On Pump.fun Manage To Cross The $10M Market Cap! appeared first on Coinpedia Fintech News

According to research, out of more than 1.7 million meme coins launched on Pump.fun, only 15 have managed to maintain a market capitalization of over $10 million for multiple weeks. This is a success rate of merely 0.0001%.  Only 41 meme coins have sustained a market capitalization exceeding $1 million for several weeks, representing just 0.0002% of all tokens launched. Moreover, only 141 of these tokens, or 0.008%, appear on major data aggregator platforms like CoinGecko. This highlights the immense difficulty of gaining visibility in such a saturated market.

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