PumpFun will launch its token.
This could mark the last major surge for memecoins.
What follows could be a disaster🧵
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January 2025 is the peak of the memecoin cycle.
Pump Fun has issued 1.7 million tokens, with a graduation rate of 1%.
Donald Trump wins the U.S. election.
And launches his own token, TRUMP.
Solana hits a new high.
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Pump Fun has become one of the biggest success stories in the cryptocurrency space.
Over 8.7 million memecoins have been issued.
Revenue exceeds 700 million dollars.
It has turned memes into money on a massive scale.
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However, since then, people's interest in memecoins has started to decline rapidly.
Since January, both search trends and token issuance have been decreasing.
Even PumpFun is no longer receiving attention.
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The new platform starts competing with PumpFun.
So, in May, they tried to fight back and announced the launch of "Creator Rewards".
They just added a 0.05% fee.
Creators get a small portion, but PumpFun can keep the rest.
Raydium accounted for 40% of its trading volume in 10 days.
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Another competitor that has impacted PumpFun is BonkFun.
In the past 48 hours, its market share has surpassed theirs.
Now many people believe Bonk is community-first, which is different from PumpFun
being seen as a cash grab.
Some even say that after PumpFun sold SOL, Solana distanced itself from it.
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The launch of PumpFun has also set a historical low.
Last week, a total of 10,402 tokens were issued.
Only 88 people graduated.
This is just 0.85%.
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It seems that PumpFun's official token is closer than ever.
Yesterday, there was an announcement on Gate (which was quickly deleted)
hinting that they want to raise $600 million at a $4 billion valuation.
All of this comes from a platform that has already made over $700 million.
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There are currently no signs of an airdrop (although it is very likely).
There are rumors that KOLs and investors are buying in at a valuation of $12 million.
If this token launches in January, it will be very popular.
But today, everything is against him, and most people even think that looking for opportunities to short after it goes live is the wisest choice.
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The functions are: AI signals, chain scanning, and Twitter monitoring working together.
Signal entry
For Twitter monitoring, I observed:
Big Brother @cz_binance
Sister @heyibinance
Old Horse @elonmusk
I am currently using one window for AI signals. It would be perfect if BSC and SOL could be displayed in two small windows simultaneously, featuring celebrity dynamics + AI signals + quick chain scanning.
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