Pump.fun tokens too much at September 2024 lows

While the wider market of cryptography is experiencing lowering trends, several cryptocurrencies are experiencing reduced attention. The same parts are among these assets.

The data on the blockchain analysis platform chain reveal that the memes tokens created using the memes of memes of memes based on Solana Pump.

Pump.

Since its beginnings in January 2024, Pump.fun has become an essential platform to create memes pieces on the Solana blockchain. This is mainly due to the fact that the platform allows users to deploy tokens even with knowledge in minimum or zero programming language and technical expertise in the creation and management of a cryptocurrency.

According to Dune, the generator of money even gave birth to hundreds of thousands of tokens even in just over a year. Pump.fun saw his number of tokens created in a single day on January 23, when more than 71,700 pieces were launched.

In particular, Pump.fun helped the creation of pieces of viral memes like Trump. Although Trump made waves shortly after his beginnings, he did not draw the attention of weeks later. An anterior report has highlighted how low the theme of Trump is low, going from the second largest piece of memes by market capitalization in a cataclysmic classification of 82% of its top of all time. This long -term unatted growth and other legal problems faced by the pump.

After the sudden crash of mid-February of the same balance, based in Solana, linked to the Argentinian president Javier Milei, Pump.fun saw a reduced commitment in the costs, users and tokens generated.

Bounway Up?

It remains uncertain how Pump.fun will attract the attention and commitment of the users he once had. However, Crypto experts believe that memes money projects with sustainable public services will resist the continuous downward trend.

These utility / use cases may include the incorporation of non -buttocks (NFTS), decentralized applications (DAPP), artificial intelligence tools (IA), etc., in their ecosystem.