{"id":6237,"date":"2025-07-30T10:13:11","date_gmt":"2025-07-30T10:13:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/is-pump-funs-run-over-revenue-crashes-to-10-month-low-as-struggles-mount\/"},"modified":"2025-07-30T10:13:17","modified_gmt":"2025-07-30T10:13:17","slug":"is-pump-funs-run-over-revenue-crashes-to-10-month-low-as-struggles-mount","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/is-pump-funs-run-over-revenue-crashes-to-10-month-low-as-struggles-mount\/","title":{"rendered":"Is Pump.fun\u2019s run over? Revenue crashes to 10-month low as struggles mount"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p>Momentum is fading fast for Pump.fun, and the once-dominant memecoin launchpad is no longer \u2018pumping\u2019 like it used to.<\/p>\n<div id=\"cn-block-summary-block_fe196866dfe526d2dac6aeaa9fc70faf\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Pump.fun revenue recently dipped below $300K, its lowest since September 2024, after peaking at over $7M in January.<\/li>\n<li>Memecoin traders are ditching the launchpad for rival platforms.<\/li>\n<li>Pump.fun is facing a class-action lawsuit on top of a growing list of challenges.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to DefiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/pump?revenue=true&amp;tvl=false\" target=\"_blank\">data<\/a>, Pump.fun\u2019s daily revenue slipped below $300,000 on July 28, one of its lowest levels since September 2024. <\/p>\n<p>While the figure has slightly rebounded since, the drop adds to a clear downtrend.\u00a0Back in January, Pump.fun was pulling in over $7 million a day, dominating the industry as the go-to hub for quick token launches. But now, the platform is losing steam, raising the question: why?<\/p>\n<h2 class=\"wp-block-heading\">Why Pumpfun is struggling<\/h2>\n<p>Several factors have emerged in recent months that could be fueling Pump.fun\u2019s broader decline, from courtroom headaches to rising competition.<\/p>\n<h3 class=\"wp-block-heading\">Legal pressure<\/h3>\n<p>Earlier this month, a New York-based firm filed an updated class-action lawsuit on behalf of users who claim they lost funds on the platform.\u00a0<\/p>\n<p>Originally filed in January, the suit accuses Pump.fun of running a fraudulent scheme that drains users through rigged token launches and insider-driven trades for personal gain. The legal troubles have only intensified ever since, with additional allegations of wire fraud and racketeering now surfacing.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>But beyond its legal woes, the declining numbers also come amid a broader shift in trader interest.<\/p>\n<h3 class=\"wp-block-heading\">Memecoin traders ditch Pump.fun\u00a0<\/h3>\n<p>Traders are backing away from Pump.fun and shifting to newer launchpads like LetsBonk, the Solana-based platform that launched in April and offers similar easy token creation tools.<\/p>\n<p>Over the past month, Pump.fun\u2019s dominance has plunged nearly 70% on tokens deployed on Solana, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/dune.com\/adam_tehc\/memecoin-wars\" target=\"_blank\">according<\/a> to Dune Analytics. In the past 24 hours alone, nearly 20,000 new tokens have been deployed on LetsBonk, while Pump.fun only saw a portion of that at just over 4,600.\u00a0<\/p>\n<p>The decline also ties back to the poor performance of the recently launched PUMP (PUMP) token. Despite an early uptick after launch, the token has flopped significantly, down roughly 30% over the past week and 59% for the month.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Pump.fun\u2019s user numbers are also cooling fast. Active addresses are down to around 65,000, compared to a January peak of 425,000. As broader activity now slides, so do returns.<\/p>\n<h3 class=\"wp-block-heading\">Losses top gains on Pump.fun<\/h3>\n<p>crypto.news reported earlier in June that more than 60% of pump.fun traders experienced significant losses. Over a six-month period, roughly 2.4 million wallets saw losses of at least $1,000.\u00a0<\/p>\n<p>Around 30,000 wallets were hit even harder, with losses between $10,000 and $100,000, while 46 wallets lost more than $1 million in on-chain funds.<\/p>\n<p>While Pump.fun still holds a strong market presence, recent trends paint a more negative picture than positive, and it remains to be seen if and how the platform can turn things around.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Momentum is fading fast for Pump.fun, and the once-dominant memecoin launchpad is no longer \u2018pumping\u2019 like it used to. Summary Pump.fun revenue recently dipped below $300K, its lowest since September&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6237"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6237\/revisions"}],"predecessor-version":[{"id":6238,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6237\/revisions\/6238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3111"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}