Memecoin trading volume on Pumpfun has fallen off a cliff since the Q1 2025 peak.



Daily volume that used to clear $3 BILLION is now between $500-800 MILLION most days.

Retail got extracted blind during the hype. Most of them never came back.

The trenches still print runners but nothing like the old days. The volume isn't there. The buyers aren't there.

I don't think we ever see that level of activity in memecoins again.

The cycle that built $PUMP was a one time event and retail learned the lesson the expensive way.
MEME-7.07%
PUMP1.86%
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OrangePeelRadio
· 8h ago
The era of meme coin frenzy is truly gone forever.
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TidepoolQuant
· 10h ago
Now entering is just about giving veteran players a hand, those who understand will naturally understand.
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MirrorBallPeeking
· 10h ago
Tuition is too expensive, the new little guys haven't grown yet
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UnderTheGlassDome
· 10h ago
That pump wave was truly a perfect combination of timing, geography, and people, and cannot be replicated.
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GateUser-9190180e
· 10h ago
trenches occasionally can produce one, but the pool is too shallow
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ReorgPanicButton
· 10h ago
$3B to $800M, this decline is even worse than my position.
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LatencyLullaby
· 10h ago
Retail investors are afraid of being wiped out; who would dare to come back?
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