Pump.fun revenue drop: 80% plunge reach $25M as memecoin slump dey

Pump.fun don log e worst mon dem wit record revenue drop. For July 2025, di Solana memecoin launchpad post just $24.96 million — drop 80% from e peak wey reach for January $130–137 million. Dis Pump.fun revenue drop follow steady down: $90 million for February, $37 million for March, plus about $40 million from April reach June. Daily volume sef drop gidigba. July 28 di revenue fall reach $293,000, na di first time wey e fall under $300,000 since September. Overall trading volume reduce from $700 million peak to like $150 million by early August, e show say people no too dey involved again. Even di PUMP token wey belong to dem loss half value for one month, from $0.006 for launch to $0.003, na typical post-ICO drop. Plus di memecoin market cap dey shrink (from $85 billion to $65 billion), gbege dey wit tough competitor LetsBonk (wey grab 80% of Solana launches), plus class-action lawsuit wey talk say people dey do pump-and-dump. With hype dey cool down, rivals dey rise, plus law matter, Pump.fun revenue drop no be one-time mistake. Traders supposed dey watch how market share dey change and how law palava go finish before dem gatchu buy for down price.