Nearly 70% of Pump.fun Tokens Stop Trading on Launch Day: CoinGecko

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 2 hours ago

DOGE-4.264%

PUMP-11.652%

PEPE-6.642%

Explore Agentic TradingLet AI Trade for You

High Token Failure Rate: According to CoinGecko's analysis, nearly 69% of tokens launched on the Pump.fun platform since January 2024 stopped trading on the same day they were created, with around 12.8 million tokens failing to remain active beyond a single day, indicating a significant lack of investor interest and confidence.
Scarcity of Surviving Tokens: Out of over 18.67 million tokens analyzed, only about 850,000 (4.55%) survived beyond 90 days, highlighting that most tokens cannot sustain active trading in the short term, which exacerbates market speculation and instability.
Market Trend Shifts: CoinGecko noted that the high failure rate is linked to the low barriers to entry on the Pump.fun platform, allowing creators to easily launch numerous tokens and quickly pivot to new projects if initial interest does not materialize, resulting in a market flooded with short-lived tokens.
Poor Performance of Major Tokens: In the broader meme coin market, Dogecoin (DOGE) has dropped nearly 25% over the past month, while Shiba Inu (SHIB) and PEPE have also seen declines of approximately 20% and 27%, respectively, reflecting overall market weakness and cautious investor sentiment.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like DOGE with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for DOGE

Technical Sentiment Analysis for Dogecoin (DOGE). As of , Dogecoin (DOGE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Dogecoin (DOGE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0572	0.065	0.0735	0.0813	0.0898	0.0976	0.106
Fibonacci	0.065	0.0712	0.0751	0.0813	0.0875	0.0914	0.0976

About DOGE

Dogecoin (DOGE) is based on the popular 'doge' Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Let AI Trade for You

Auto Trading Task on DOGE?

Get Started Free