Pump.fun's trading volume in February decreased by 63% month on month, marking the lowest level since October 2024

According to Cointelegraph, Dune Analytics data shows that the trading volume of Pump.fun dropped by 63% from $119 billion in January 2025 to $44 billion in February, with trading activity of $2.1 billion over the past four days. Amidst a series of scandals, Meme coin is facing increasing scrutiny, leading to a decline in trading volume. In addition, the number of new token listings on Pump.fun is also decreasing. After reaching a high of nearly 1200 tokens per day on January 24th, the number dropped to below 300 tokens per day in early March. Although Pump.fun's trading volume in February was the lowest level since October 2024, it remains the fourth highest level for the company since its launch in January 2024.