EconomyPump.fun makes millions as 81% of memecoins plunge 90%
Pump.fun generated about $18.6 million in protocol revenue in the seven days through Oct. 7, even as a Talos study found 81% of a selected group of memecoins had dropped at least 90% from their highs. Talos found recoveries were rare, underscoring that trading activity can benefit the platform without restoring value for holders of fading tokens.
Pump.fun makes millions as 81% of memecoins plunge 90%
Economy