Meme coin market cools significantly, with multiple issuing platforms recording zero new tokens in the past 24 hours
BlockBeats News, September 29, according to @adam_tehc Dune dashboard data, the Meme coin market has cooled significantly. In the past 24 hours, the number of Pump.fun graduated tokens dropped to 64, LetsBonk graduated tokens dropped to 9, and the number of graduated tokens on issuance platforms such as LaunchLab under Raydium, Wavebreak under Orca, Believe, and BAGS was 0. In the past 24 hours, Pump.fun had 62,641 active addresses, LetsBonk had 8,790 active addresses, and the other platforms each had fewer than 400 active addresses.
In addition, in the past 24 hours, Pump.fun issued 13,206 tokens, LetsBonk issued 1,228 tokens, and the combined total of other token issuance platforms was about 600. Pump.fun previously recorded a single-day issuance of 45,465 tokens on November 17, 2024, during the Trump election month, which is currently down about 70% from the peak.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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