Cointelegraph reports that roughly 98–99% of memecoins created on Solana launchpad Pump.fun never make it to a full decentralized exchange listing, underscoring how few tokens move beyond their initial speculative phase. On Pump.fun, tokens “graduate” when they hit around a $69,000 market cap and are then listed on Solana DEX Raydium, but Dune Analytics data cited by analysts shows the graduation rate stuck around 1–1.4%, with long‑term figures near 1% or less of daily launches. This means that almost all of the millions of tokens created on the platform either fail to reach the graduation threshold or quickly become inactive after listing, often within 24 hours. The story situates these failure rates within the broader memecoin boom centered on Pump.fun, which at its peak saw tens of thousands of tokens launched per day and has been credited with helping drive Solana’s price surge in late 2024 and early 2025. Despite the extremely low odds of success for individual coins—only about 7% of tokens show any activity after a week, and the vast majority never achieve meaningful market caps—Pump.fun itself has generated substantial revenue and continues to dominate Solana memecoin deployment, with over 90% market share in new launches. The data reinforces a picture of the platform as a high‑volume, casino‑like environment where a tiny fraction of coins and wallets capture most gains, while nearly all newly minted memecoins fail to launch in any sustainable sense.

AI-generated background, compiled from web sources — not editorial content.

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