Coins

Solana’s Pump.Fun Has Launched Millions of Tokens—Fewer Than 100 Are Worth Much at All

Solana meme coin factory Pump.fun has failed to keep more than 100 tokens above the $1 million market cap milestone. This comes as the protocol starts to fall out of favor after its summer-time high. A total of 89 Pump.fun coins are currently above a market cap of $1 million, according to Pump.fun. This means just 0.0045% of the near 2 million tokens are sitting above $1 million.  That said, over the past 24 hours, only 1.5% of tokens launched have “graduated” to Solana decentralized exchange Ra...