A recent data analysis reveals the extreme mortality rate of tokens created on the Solana-based launchpad Pump.fun. The study examined over 18.67 million tokens launched since January 2024 and found that nearly 69%, or about 12.8 million, ceased trading on the same day they were created. Only 4.55% of all launches survived for more than 90 days, illustrating the platform’s low-barrier environment where most projects fail almost immediately.
A new data report shows the vast majority of tokens launched on the meme coin platform Pump.fun have extraordinarily short lifespans. The analysis examined more than 18.67 million tokens created since January 2024, excluding those with zero trading activity.
It found that almost 69% of tokens, approximately 12.8 million, saw their final trade on the launch day. The report said this high failure rate reflects the platform’s low barriers to entry, which allow creators to launch tokens rapidly. Another 2.18 million tokens survived just one additional day before activity ended.
Together, more than 80% of all tokens analyzed failed within two calendar days. There was also a steady decline in survival rates beyond the initial period. Only around 850,000 tokens, or 4.55% of all launches, remained active for more than 90 days.
The broader meme coin market has struggled for months, failing to regain its previous momentum. This trend has left many popular tokens trading well below their earlier highs.
For instance, Dogecoin (DOGE) has lost almost 25% over the past month. Shiba Inu (SHIB) declined by nearly 20%, while Pepe (PEPE) shed over 27% in the same period.
