Your Position Home Flash News

Pine Analytics: Pump Fun trading retracts high, demand for large Memecoin weakens

GuShiio.com learned that according to Pine Analytics ‘analysis of pump fun, the trading activity of pump fun peaked at the end of January and has since declined, but this correction activity is still at a high level, or does not mean the collapse of the upward trend; new wallets interacting with pump fun peaked before and after the U.S. election and then declined, but the current level is still significantly higher than before the election; the Retention rate of new wallets interacting with pump fun has not changed significantly in the past few months; Trading volumes at Raydium and Orca rose sharply in TRUMP activity and are now back to previous levels; overall, trading volume and demand for large Memecoins are declining, but launches from pump fun and smaller Memecoins remain active as ever.

read the original

Popular Articles