Analysts have recorded a record "mortality" rate for tokens on Pump.fun — 70% die on the first day.
The market for meme tokens on the Pump.fun platform is showing alarming survival statistics. According to my data analysis covering 18.6 million assets created from January 2024 to June 2026, nearly 70% of them cease trading on the day of launch. Specifically, 12.8 million tokens (68.6%) recorded their last transaction within the first 24 hours.
The situation worsens with each passing day: within the first two days, 80% of all issued coins lose activity. Only 4.5% of projects maintain trading activity for longer than three months. This is a clear indicator that Pump.fun has turned into a factory for disposable tokens, rather than a platform for long-term investments.
Why do tokens die so quickly?
The main reason is the minimal entry barrier. Creators release dozens of tokens a day without investing in marketing or development. If a project does not achieve instant viral reach, it is simply abandoned. This is a classic "pump-and-dump" model, but in an ultra-accelerated format.
It is important to note: the statistics only account for trades within the Pump.fun algorithm. Real survival rates may be slightly higher, as trades on external decentralized exchanges like Raydium are not included. However, fewer than 1% of projects make it there, so this does not change the overall picture.
For comparison: since August, the platform's key metrics—launch numbers and fees—have begun to drop sharply. This confirms that interest in meme tokens on Pump.fun is waning, and investors are losing trust in this model faster than ever.
My conclusion: Pump.fun has become a victim of its own popularity. The low entry barrier has led to a market oversaturated with junk tokens, which kills even the potential for quality projects. If the platform does not change its mechanics or introduce filters, it faces a further decline in activity.