Pump.fun Earns $18.6M as 81% of Memecoins Crash 90%
Pump.fun's revenue model is structurally insulated from the very losses its traders absorb; the platform earns from rotation between fading tokens, not from any single coin recovering.
Every Zipp story tagged #Launchpad, newest first.
Pump.fun's revenue model is structurally insulated from the very losses its traders absorb; the platform earns from rotation between fading tokens, not from any single coin recovering.
The mix of one ICO and four IDOs spreads a single GameFi theme across five platforms, giving traders a concentrated view of near-term launchpad activity.
Flap and PumpFun together minted roughly 90% of all new tokens last month, a concentration that signals launchpad infrastructure is consolidating fast even as raw volume explodes.
The headline number is large, but the rotation underneath matters more: memecoin beta gave way to utility launches, and tokenized-stock-paired pools now hold triple the depth of WETH pairs.
PONS and Pump.fun are leading a broad-based fee revival that signals speculation is returning structurally, not just as a short-term bounce.
Noxa powered the chain's memecoin boom, then handed 100% of revenue back to creators and shut down. The bigger tell: tokenized real-world assets, Robinhood's actual pitch for the chain, sit at…
ICOs still command the largest fundraising totals, but IDO platforms are reshaping how new projects reach the market — Fjord Foundry alone ran 202 token sales versus CoinList's 80.
Public-sale fundraising collapsed to $58M in Q2, down 85% quarter-on-quarter, with May logging just 13 sales — the lowest monthly count since December 2020.
The pipeline is thin and dollar-modest — KAI alone accounts for the bulk of announced raise size across CTR, STRATO, CLIX, DIFF, KAI, and BYZAN.
The wallet has booked more than $1.33M in profit, and the buy lands as VIRL's 24-hour launchpad volume pushes it into Solana's top 10 inside a week.