Researchers from the company CryptoRank shared statistics about meme cryptocurrencies. Experts noted that on the Pump.fun platform based on the Solana network, 974 thousand tokens were launched over the past 30 days, but only 1.43% of them reached the minimum capitalization level of $69 thousand required for listing on Raydium. Out of almost 1 million launched projects, only 13.8 thousand managed to pass this threshold. According to experts, such data shows the high competition in the cryptocurrency market and significant difficulties for new tokens. Despite the huge number of launches, most of them go unnoticed or fail to reach the minimum requirements to enter major platforms. The daily release of new tokens ranged from 30 thousand to 45 thousand, with some peaks, which can be seen in the graph published by experts. The number of new meme cryptocurrencies has only been increasing in recent days. However, the overall success rate remains low. This emphasizes that even with great enthusiasm of developers and investors, success requires serious efforts, marketing and strategy.
For investors, this data also serves as a warning. Most new tokens may not be profitable, so analyzing and researching projects before investing is essential. High volatility and rapid changes in the segment make investments in meme tokens risky.
Pump.fun shows how accessible the crypto market has become for newcomers, but also emphasizes the need to choose quality projects with long-term potential. Without a strong idea and support, a startup’s chances of standing out among thousands of competitors are minimal. In general, the current situation demonstrates that the token market is oversaturated. Investors and developers will have to adapt to such conditions in order for their projects to succeed and stand out from the crowd.
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