According to data from Dune Analytics, up-to-date tokens offers on the Memecoin platform pump.
Daily number of tokens filling the pump. Fun “binding curve”, a preliminary condition for the entry on a decentralized exchange (DEX), fell to around 200 26 on February 26 from almost 1200 on January 23 and 24, according to data from Dune Analytics.
The binding includes trade liquidity in Solana (SOL) tokens directly on the pump. Fun before Memecoin migration to Raydium, the most popular Dex Solana.
General premiere of pumps. Fun token – regardless of whether they end the bond – after a similar trajectory, falling from a height of over 70,000 23 January to around 25,000 26 February, Dune, Dune data shown.
Pump.fun tokens ending the bond every day. Source: Dune Analytics
Related: Solana Shorts Spike among Memecoin scandals
Suppressed sentiment
Activity on the.fun pump and in the Solana network fell in February after a series of scandals related to Memecoin, which accommodated sentiments among retail traders.
Solana recorded an explosive boost in 2024 to a huge extent due to Memecoin trade, with the total value of the chain (TVL) increased from around $ 1.4 billion to over $ 9 billion this year, According to To Donnela.
In the fourth quarter of 2024, the revenues from the Solanan application increased by 213%, mainly due to Memecoin speculation, in accordance with the report of the Crypto Messari research company.
However, in 2025, the sale of confidentiality and huge losses in retail trade began acidicenty sentiments in the Memecoin ecosystem in Solan.
On February 14, Libra (Waga), Memecoin, apparently supported by the Argentine President Javier Milei, removed about $ 4.4 billion in market capitalization within a few hours of launching.
Co -founder of Pumps. FUN, Alon he said In the post of February 17 he was “disgusted” with events surrounding the weight, adding that he designed the pump. Fun as a way to “democratize coins for construction at the basic level of security, simplicity and honesty for each launch.”
Since January, traders lost about $ 2 billion in $ 800,000 on the official Trump (Trump), the official memecoin of US President Donald Trump.
The premiere of Trump was a “most important example of a confidential game that reached the tip”, Westie, Blockworks analyst, analyst, he said In the article of February 16 on the subject of X.
Even Pump.Fun himself fell victim to Memecoin fraud. On February 26, the FUN X pump account was violated to promote a false management token called “pump” and other false coins.
Warehouse: Trump’s crypto projects are raised by a conflict of interest, questions about trade in confidential information
