Preço de 2024PUMPPUMP

Check volumes on a longer time period, not 24 hours. Raydiums exposure to pump is substantial. And users on Jupiter and a dozen trading bots dont care about where they get their execution. Raydium is fucked.

After months of excitement, the frenzy around the launch of tokens on Solana is slowing down significantly. Pump.fun, the leading memecoin launch platform, is experiencing a marked decline in its activity and revenues. Between growing distrust and market exhaustion, the enthusiasm for these ultra-speculative tokens seems to be fading. According to recent data, the number of new tokens launched daily on Solana dropped to 49,779 on February 19, down from a record of 95,578 on January 26. This level is the lowest recorded since January 1, 2025. Even worse, the Pump.fun platform saw its activity fall to 35,152 new tokens, marking its weakest day since Christmas 2024. This decline in activity is of course accompanied by a collapse in revenues. According to Dune Analytics, Pump.fun generated only $1.69 million on February 19, its lowest level since November 2024. While memecoins have significantly contributed to the surge of token launches on Solana in recent months, they are now under fire. Many of them are criticized for their highly speculative nature and links to scams. Investors are becoming more cautious in the face of the risks of Rug Pulls and market manipulation, common practices in the memecoin universe. Moreover, recent scandals have heightened distrust surrounding memecoins. The fiasco of the Libra token, which ruined over 13,000 investors , illustrates the risks of these ultra-speculative projects. Similarly, the launch of a memecoin by the Central African Republic raised questions about the legitimacy of some initiatives. These events have amplified the sense of fear, pushing many investors away from this volatile market. Despite this slowdown, Solana remains one of the most dynamic networks in the crypto ecosystem. However, this decline in enthusiasm for token launches may signal a consolidation phase following a period of exuberance. It remains to be seen whether Pump.fun and other similar platforms will be able to regain ground or if the memecoin industry is experiencing a lasting slowdown .

Pump.Fun, known for its low-cost token issuance, has seen impressive growth, pocketing over $550 million in fees since March 2024. What do you think about this potential shift? Share your thoughts in the comments!

#Dogecoin nears completion of the forth falling wedge 🔥 $Doge has performed exceptionally well after the breakouts of falling wedges: - The 1st falling wedge breakout resulted in a +88% gain. - The 2nd falling wedge breakout resulted in a +208% gain. - The 3rd falling wedge breakout resulted in a +445% gain. The next falling wedge breakout could lead to a significant pump for $Doge 🚀

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