While the broader cryptographic market is experiencing bearish trends, several cryptocurrencies are experiencing reduced attention. Memes currencies are among such assets.
Data in the chain From the Blockchain Dune analysis platform reveals that the tokens of memes created using the meme coin generator pump based on Solana. FUN has refused minimum since September 2024. From this writing, the total tokens launched in the meme tokens generator have fallen below 12,000.
Bomb. Fugging tokens down
Since its debut in January 2024, Pump.Fun has become a reference platform to create meme coins in the solar block chain. This is mainly due to the fact that the platform allows users to implement tokens meme with knowledge of minimum or zero programming language and technical experience in the creation and administration of a cryptocurrency.
According to Dune, the meme coin generator was born hundreds of thousands of memes tokens in just over a year. Pump.fun saw its maximum number of tokens created in a single day on January 23 when more than 71,700 meme coins were launched.
In particular, the bomb. Fun helped the creation of viral memes coins like Trump. Although Trump made waves shortly after his debut, he could not attract attention weeks later. A previous report threw light on how bass has gone Trump’s theme memes card, ceasing to be the second largest meme currency due to market capitalization classification to a cataclysmic decrease of 82% from its historical maximum. This growth did not have a long -term growth and other legal problems that face the pump.
After the sudden accident of mid -February of the MEME coin based in Solana Libra linked to Argentine president Javier Milei, Pump.fun He saw a reduced commitment In rates, users and tokens generated.
Does it upload again?
It is still uncertain how the pump. Fun will attract the attention and participation of the user he once had. Even so, encryption experts believe Meme coins projects with sustainable public services will resist the ongoing bearish trend.
These utilities/use cases may include the incorporation of non -fungible tokens (NFT), decentralized applications (DAPPS), artificial intelligence tools (AI), etc., in its ecosystem.
Free Binance $ 600 (Cryptopotato Exclusive): Use this link to record a new account and receive an exclusive welcome offer of $ 600 in Binance (Complete details).
Limited offer for Cryptopotate readers at Bybit: Use this link to register and open a free $ 500 position in any currency!
