Pump.fun tokens show 69% first-day failure

• A CoinGecko study found that 68.67% of Pump.fun tokens stopped trading on the same day they launched.
• More than 80% of tokens lost trading activity within two days of creation on the Solana-based platform.
• The findings highlight the challenges of sustaining interest in meme coins during a period of weaker market sentiment.

A CoinGecko analysis of 18.67 million tokens launched on Pump.fun found that 68.67% stopped trading on their launch day, highlighting the short lifespan of many meme coin projects on the Solana (CRYPTO:SOL)-based platform.

The study reviewed tokens created between Jan. 14, 2024 and June 18, 2026, excluding projects that never recorded a trade because they had no measurable trading lifespan.

“Near-zero barriers” to token creation allow users to launch large numbers of coins and move on quickly when demand fails to emerge, according to the CoinGecko report.

CoinGecko found that an additional 2.18 million tokens survived only one day after launch, meaning 80.37% of all reviewed tokens stopped trading within two days of creation.

Only 850,180 tokens, or 4.55% of the total analysed, remained active for more than 90 days, and following the report there was no market reaction because Pump.fun is not a publicly traded company.

The report noted that the data tracked trading activity on Pump.fun's bonding-curve system and did not fully capture activity that later migrated to decentralised exchanges such as Raydium, Meteora or PumpSwap.

The findings were released during a broader decline in meme coin markets, with major tokens including Dogecoin (CRYPTO:DOGE), Shiba Inu (CRYPTO:SHIB) and Pepe (CRYPTO:PEPE) facing weaker demand as traders reduced exposure to higher-risk digital assets.

At the time of reporting, Solana price was $69.33.