pump.fun's graduation rate is dropping quite sharply, losing 80% in three months, meme coin factories are also facing winter.

CryptoWorld News reports that, according to The Block, the graduation rate of pump.fun tokens has dropped by 80% over the past three months, and the 7-day average has fallen to 0.26%. In June, pump.fun’s daily average revenue was about $800,000, down from $4.8 million six months earlier, and pump tokens have fallen by 40% over the past six months. pump.fun’s decline has also affected the Solana network: in June, the Solana network’s daily average fees fell to 5,300 SOL, down from 33,000 SOL in January.