Headline: CoinGecko: nearly 7 in 10 Pump.fun tokens stop trading on day one
A new CoinGecko analysis of Pump.fun — the Solana-based meme coin launchpad — finds that most tokens it spawns die almost immediately. Reviewing 18.67 million tokens created on Pump.fun between Jan. 14, 2024 and June 18, 2026, CoinGecko reports that 12.8 million tokens (68.67%) recorded their final Pump.fun bonding-curve trade on the very day they launched. Tokens that never traded at all were excluded from the lifespan analysis.
When you widen the window to the first 48 hours, the picture looks even starker: another 2.18 million tokens only survived a single day after launch, meaning 14.99 million tokens — or 80.37% of the sample — stopped trading on day zero or day one. After that initial cliff, survival rates keep collapsing: 770,249 tokens lasted two to three days; 642,614 remained active for four to seven days; and just 460,697 made it into the eight-to-14-day range. Only 850,180 tokens (4.55%) persisted beyond 90 days — a figure CoinGecko cautions may undercount projects that migrated to other DEXs (Raydium, Meteora, PumpSwap) after finishing their bonding curves.
CoinGecko attributes this rapid turnover largely to Pump.fun’s low barriers for token creation. “Near-zero” friction lets creators spin up many coins quickly and abandon ones that fail to attract early demand. The study tracks bonding-curve trades executed on Pump.fun specifically, not subsequent trading that could take place on external decentralized exchanges, so it’s primarily a snapshot of activity on the launchpad itself rather than the entire lifecycle of each token across the wider DeFi ecosystem.
This finding aligns with other reporting on Pump.fun dynamics: earlier coverage showed nearly half of Pump.fun traders in March 2026 finished the month down, and roughly 96% of wallets either lost money or made less than $500 trading there. Pump.fun has been trying to extend user engagement beyond one-off meme launches — rolling out features such as GO, a bounty marketplace that drew more than 1,100 submissions and about 320 active tasks within hours, and adding in-app trading for assets like WBTC, USDC, and ETH via Wormhole.
The broader market backdrop matters, too. Major meme coins such as Dogecoin, Shiba Inu and Pepe had recently lost ground, reflecting a pullback from high-risk tokens. CoinGecko’s lifespan data illustrates how fleeting attention can be in meme-coin markets: Pump.fun can generate huge volumes of new tokens and bursts of activity, but most launches fail to hold liquidity or buyer interest beyond a very short window.
What this means for participants:
- Traders: be aware new Pump.fun tokens can lose liquidity and buyers almost immediately. Early exits or tight risk limits are prudent.
- Creators: sustaining a token past first-wave visibility is difficult without ongoing demand or utility.
- Observers: the study measures trading life, not intent or fraud — it’s a market-activity snapshot, not an accusation of misconduct.
In short, Pump.fun’s token factory produces a lot of project noise — but most of it fades within hours or days.
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