A recent analysis from CoinGecko reveals just how fleeting most meme coins launched on Pump.fun really are. The Solana-based platform has lowered the barrier to token creation dramatically, enabling anyone to mint a coin with minimal cost or technical skill. Since January 2024, this has resulted in a massive wave of launches, but the research findings from CoinGecko show the overwhelming majority fail to maintain any trading activity for long.
Researchers reviewed on-chain data for roughly 18.67 million tokens created between January 14, 2024, and June 18, 2026.
They measured lifespan as the number of calendar days from a token’s creation until its final trade on Pump.fun’s bonding curve.
Tokens with no trading activity at all were excluded from the study. The numbers paint a clear picture of rapid decline.
Nearly 68.7% of tokens — more than 12.8 million — recorded their last trade on the exact day they launched.
Adding those that survived only one additional day brings the total to over 80% that effectively disappeared within the first 48 hours.
Survival drops steeply from there: just 4.1% lasted two to three days, 3.4% made it four to seven days, and the percentages continue to shrink for longer periods.
Only 4.55% of tokens remained active beyond 90 days.
This steep drop-off means the average lifespan across the entire dataset falls well under a single day.
While a small percentage of tokens eventually “graduate” to external decentralized exchanges such as Raydium (roughly 1% of launches), the core finding holds: most projects never build lasting momentum.
The CoinGecko team links this extreme transience directly to the platform’s dynamics.
The same-day failure rate, they observe, reflects a pattern where creators launch large numbers of tokens in quick succession and move on to newer projects as soon as initial interest fades.
Low creation costs and easy access to trending feeds encourage this behavior, turning token launches into a high-volume, low-commitment activity driven primarily by short-term attention rather than any underlying utility or
In practice, this creates an environment saturated with speculative fervor.
Tokens often spike on initial hype from social media buzz or influencer mentions, only to lose liquidity and interest almost immediately if they fail to sustain that early momentum.
The data underscores how little substance many of these projects possess once the first wave of buyers exits.
For traders and investors, the report serves as a data-backed caution.
While a handful of meme coins achieve significant market caps and longevity, the vast majority do not.
The research findings illustrate a market segment where excessive enthusiasm frequently outpaces any realistic prospects for sustained value.
Most tokens are essentially experiments in attention economics — quick to appear, quick to be forgotten, and rarely justified by fundamentals.
CoinGecko’s analysis provides one of the clearest quantitative views yet of Pump.fun’s ecosystem.
It shows a landscape defined by high turnover and fleeting speculation, where the promise of overnight success rarely survives beyond the first trading session.
In such conditions, participants chasing the next viral launch face odds heavily stacked against long-term survival for the tokens they buy into. The research report from CoinGecko ultimately highlights why so much of the excitement around these coins remains rooted in temporary hype rather than enduring merit.