Pump.fun – more like Pump.rekt.
The no-code platform that allows anyone to create memecoins on Solana has a meager 1.4% success rate for tokens reaching decentralized exchange Raydium. That translates to 22,330 successfully launched tokens, out of a whopping 1.58 million initially created, according to a Dune Analytics dashboard, created by evelyn233.
Raydium requires a minimum market capitalization of $69,000 for a token to be available for trading on its platform.
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#undefined [Source: TheDefiant]