News Explorer — Fewer Than 100 Pump.fun Tokens Top $1M Market Cap Amid Meme Coin Lull

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Sep 12, 5:55 pm

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Fewer Than 100 Pump.fun Tokens Top $1M Market Cap Amid Meme Coin Lull

Pump.fun, the Solana-based meme coin factory, has seen a decline in tokens with a market cap above $1 million. Currently, only 89 out of nearly 2 million tokens are above this milestone, representing just 0.0045% of the total. While this may seem concerning, Pump.fun still accounts for 12% of meme coins above $1 million on CoinGecko, showing its relative success compared to other protocols.

Pump.fun, the Solana-based meme coin factory, has seen a decline in tokens with a market cap above $1 million. Currently, only 89 out of nearly 2 million tokens are above this milestone, representing just 0.0045% of the total. While this may seem concerning, Pump.fun still accounts for 12% of meme coins above $1 million on CoinGecko, showing its relative success compared to other protocols.

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