The average "lifespan" of tokens on Pump.fun has collapsed to one day.
The memecoin market is experiencing a crisis of liquidity and trust. According to my analysis of data obtained from studying over 18.6 million assets created on the Pump.fun platform between January 2024 and June 2026, the average "lifespan" of a token has shrunk to just a few hours. In fact, about 70% of all tokens cease trading on the day of their launch.
Of the total number of coins studied, 12.8 million (68.6%) recorded their last transaction on the very day of issuance. Within the first two days, activity disappears for 80% of all launched projects. Only 4.5% of assets manage to stay afloat for longer than three months. This is a catastrophic survival rate that undermines the very concept of a "fair launch" and the memecoin economy.
The reason for such a high "mortality" rate lies in the extremely low barrier to entry. Creators churn out tokens literally on an assembly line, and if a project does not gain instant viral traction and a rush of speculators within the first few minutes, they abandon it without hesitation, moving on to the next one. This turns the platform not into an incubator for projects, but into a "meat grinder" for capital.
It is important to note that the statistics account for trading exclusively on Pump.fun's internal algorithm. Real figures may be slightly higher if transactions on external decentralized exchanges, such as Raydium, are considered. However, no more than 1% of projects make it to the listing stage on external DEXs. The remaining 99% are "dust" on the platform, disappearing faster than investors can realize their loss.
Let me remind you that since August 2024, Pump.fun has seen a steady decline in key indicators — both in the number of launches and the volume of fees. This indicates a systemic cooling of interest in memecoins and a flow of liquidity into more mature market segments.
My expert opinion: The memecoin market on Pump.fun is not an investment, but a gamble with an extremely low probability of success. Current statistics confirm that 99% of participants lose their funds on the very first day. Investors seeking long-term value should avoid such platforms until incentive mechanisms are fundamentally overhauled.