The average "lifespan" of tokens on Pump.fun has dropped to one day — 70% die on their birthday.
The market for meme tokens on the Pump.fun platform has turned into a veritable "factory of disposable assets." According to my data analysis, covering 18.6 million tokens created from January 2024 to June 2026, a staggering 68.6% — or 12.8 million coins — cease trading on the very day of their launch. This is not just a statistic, but a symptom of a deep structural crisis in the segment of low-quality meme assets.
If we expand the time horizon to two days, the picture becomes even more disheartening: 80% of all issued tokens lose liquidity within 48 hours. Only 4.5% of projects survive to the three-month mark. This "mortality rate" is explained by the extremely low barrier to entry: creators launch tokens in a batch process, without investing in marketing or development, and instantly abandon the project if it does not gain viral popularity within the first few hours.
Hidden Statistics and Real Survival Rates
It is important to note that this data only accounts for trading within Pump.fun's own algorithm. Real survival rates may be slightly higher if transactions on external decentralized exchanges, such as Raydium, are considered. However, less than 1% of the platform's projects reach the listing stage on external DEXs — a minuscule fraction that cannot significantly impact the overall picture.
Since August 2024, key protocol metrics, including the number of new launches and fee volume, have shown a steady decline. This confirms that the "launch and forget" model has exhausted itself, even in the eyes of the creators themselves, who increasingly see little point in new issuances.
My expert conclusion: Pump.fun has become a graveyard of tokens, where a project's survival is more the exception than the rule. Investors should be extremely cautious with assets from this platform: the chance of seeing your token alive after a week is less than 10%, and the probability of making a profit is even lower. The meme token market is entering a "winter" phase, where the number of junk projects exceeds reasonable limits, and only a select few with a real community or utility will be able to survive this downturn.