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Currently seeing around 200 concurrent users on the Pump Fun platform. Interesting to think about what those numbers looked like back in January when on-chain activity was firing on all cylinders. The contrast really tells a story about market cycles and user engagement patterns in Web3 apps. Peak periods drive massive traffic spikes, but sustaining those numbers is the real challenge. Makes you wonder if the dip reflects broader market sentiment shifts or just natural seasonal volatility in decentralized trading venues.