The Great Pump.fun Meltdown: A Cautionary Tale of Hype and Hubris

Launched in January 2024 with the fanfare of a Wildean soirée, Pump.fun, Solana’s [SOL] memecoin launchpad, recorded $24.96 million in revenue for July 2025-a staggering 80-82% drop from its January zenith of $130-137 million. Such a fall from grace would make even Dorian Gray blush. 😬







