Pump.fun Mayhem Mode Automates Early Meme Token Auctions
Pump.fun has launched an experimental Mayhem mode that allows AI agents to automatically bid on newly issued meme tokens, aiming to boost early trading volume. Token creators must opt in before launch; existing tokens and graduated projects are excluded. Under this mode, AI agents mint an extra 1 billion tokens per token (doubling supply to 2 billion) and execute random trades to heighten initial volatility and risk. After 24 hours, unsold tokens—and any held in agent wallets—are burned. AI may aggressively sell to drain bonding curves, potentially blocking human sellers. The initiative positions AI agents against front-running bots, introducing a new dynamic in token launches.
Neutral
While Pump.fun’s Mayhem mode may drive platform activity and early trading volume, its aggressive AI-driven bidding and random sell-offs could deter human traders by increasing volatility and risk. Similar to past bot-dominated token launch experiments, this initiative creates both opportunities for higher volume and challenges around market fairness. In the short term, platforms may see spikes in transaction counts and liquidity. Over the long term, excessive AI activity might lead to supply gluts or bonding curve drains, potentially undermining trader confidence. Overall, the net effect on market momentum remains unclear, warranting a neutral outlook.