Pump.fun coins died on day one 69% of the time. Buyers are officially the product.
The launchpad that made memecoin creation feel fair now has numbers that make day-one buying look structurally bad.
CryptoVibe Desk · pumpfun · memecoins · solana
- →Crypto.news, citing CoinGecko, said 68.67% of Pump.fun tokens stopped trading on launch day since January 2024.
- →The data backs the ugly read: creators get the upside, early buyers take the loss.
- →Watch whether Pump.fun day-one activity keeps falling before September, because buyers now have the survival math in public.
- Launchpad → A launchpad is an app that lets people create and sell new tokens quickly.
- Stopped trading → A token stopped trading when buyers and sellers effectively disappeared, so the market went dead.
- 90-day survival rate → This measures how many tokens were still trading three months after launch.
- Exit liquidity → When you buy a token so that someone else can sell their bag and get out, you're exit liquidity. You're the one funding their exit.
Pump.fun's factory has a 69% day-one problem.
Crypto.news, citing CoinGecko data on June 25, said 68.67% of Pump.fun tokens stopped trading on launch day. Only 4.55% survived beyond 90 days. The data covers activity since January 2024, which means this isn't one bad week. It's the whole meta on tape.
The take is simple: Pump.fun crossed from retail chaos into a launchers-win-buyers-lose machine. The app made creating coins easy. That was the product. But when nearly seven in ten tokens die on day one, buying day one stops looking early. It starts looking like exit liquidity with a loading screen.
If you're buying fresh Pump.fun launches, this is your bag now. The chart tells one story. The holder count tells another. But the survival rate tells the cleanest story: most launches don't even make it to a second trading day.
That doesn't mean every Pump.fun coin is fake. Fartcoin-level exceptions are why people keep clicking. DOGE 2021, SHIB summer 2021, PEPE spring 2023, and WIF late 2024 all trained traders to respect stupid-looking winners. The thing is, those winners became the ad for a machine that mostly prints dead markets.
The 4.55% 90-day figure is worse. It says the graveyard doesn't stop after launch day. Even the coins that keep breathing usually don't become communities. They become leftovers.
Actually, this is what happens when a launchpad removes friction faster than it adds trust. Creators get speed. Traders get endless supply. The smart launchpad money already moved to wherever the next unfair window opens. Retail gets the public dashboard after the edge is gone.
Pump.fun still matters. It changed Solana memecoins and made token creation feel like posting. But CoinGecko's numbers, as cited, make the buyer side look officially broken. The window didn't close because people stopped liking memecoins. It closed because the factory got too good at making them disposable.
Pump.fun's choice to optimize for instant creation over buyer survival looks reckless now that CoinGecko's numbers are out: 68.67% of launches died on day one.
By September 30, watch whether Pump.fun's weekly new-token count falls for four straight weeks while rival launchpads gain share.
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