Meme Coin Sector Continues to Cool Down, Pump.fun Smart Money Sees Profits Only from 8 Addresses in the Past Seven Days
BlockBeats News, September 12th, according to GMGN data, since July, the meme sector has been cooling down continuously, and Smart Money on Pump.fun has basically stood still: in the past 7 days, there were only about 8 net profitable addresses. A large number of middle-tier addresses in the ranking list have shown "zero transactions, zero returns," and many wallets have been inactive for tens to hundreds of days. Although the top wallets are still active, the ROI is mostly in single to double-digit percentages. The 7-day average holding time of many top listees has significantly lengthened compared to before, and profits are more from old positions rather than new coin pumps.
You may also like
Gainers
Latest Crypto News
The prices of some Memecoins and Shitcoins have experienced a significant increase, with the MemePenguin coin seeing a 24-hour surge of 50.64%.
「2016 Ethereum Ancient Whale」 Suspected of Selling 7,000 ETH, Still Holding 26,992.67 ETH
Arthur Hayes responds to Monad Co-founder: Unlock All Tokens Now, You Will Absolutely Succeed
Wyoming Stablecoin Committee Launches FRNT Stablecoin Testnet Faucet
dYdX Community Introduces "Liquidation Rebate Pilot Proposal"
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]