Nearly 70% of tokens launched on Pump.fun fail on their first day of trading, according to data published by CoinGecko, underscoring the extreme risk embedded in the Solana-based meme coin launchpad.
What CoinGecko found about Pump.fun token survival rates
CoinGecko reported that roughly seven out of every ten tokens created through Pump.fun effectively die within 24 hours of launch. In practical terms, “dying” means these tokens lose virtually all trading volume and liquidity, leaving holders unable to exit positions at any meaningful price. For related coverage, see Bitcoin Below $60,000 as Strategy Shares Drop 10%.
The finding frames Pump.fun as one of the highest-churn token creation venues in crypto. The platform operates on Solana, and while it has attracted substantial speculative activity, the vast majority of the tokens it produces do not survive past their debut. For related coverage, see CoinFello Fello 1 Interview: From Wallets to DeFi Agents.
Why so many Pump.fun tokens fail so quickly
Pump.fun allows anyone to create and launch a token in minutes, resulting in an enormous daily supply of new coins competing for a limited pool of speculative capital. This oversaturation means most launches never attract enough buyers to sustain a market.
Attention and liquidity tend to concentrate on a handful of tokens that gain early traction on social media, while the rest are abandoned almost immediately. The cycle mirrors patterns seen in other speculative corners of crypto, such as the questions raised about viral growth tactics on prediction markets.
Thin post-launch demand is compounded by the fact that many Pump.fun token creators launch with no roadmap, utility, or community beyond an initial speculative push. Once the first wave of buyers exits, there is no structural reason for new capital to enter.
What this means for traders and the meme coin market
A same-day failure rate approaching 70% represents a stark warning for anyone trading newly launched meme coins. The odds of picking a token that retains value even through its first day are less than one in three, according to the CoinGecko research.
The statistic may also shape how market participants evaluate launchpad quality more broadly. As institutional players increasingly assess crypto market structure, with firms like BlackRock weighing Bitcoin’s role in portfolios, the meme coin segment’s high failure rate stands in sharp contrast to moves toward regulated stablecoin frameworks.
Traders considering Pump.fun launches should watch for whether CoinGecko releases further breakdowns of token survival beyond the first day, and whether the platform introduces any mechanisms to improve launch quality.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
