Bubble
Pump.fun PUMP
Pump.fun (PUMP) was trading at $0.002074, ranked #113 by market cap at $823.56M, with 24h volume of $58.04M.
Data snapshot: 2026-08-03 09:00 UTC.
PUMP is the token of Pump.fun, the Solana launchpad that popularized the modern "fair launch" meme coin format — anyone can create a token instantly with no presale, priced along a bonding curve until it has enough liquidity to graduate to a public exchange. Pump.fun itself has become the entry point for a large share of all new Solana meme coins, and PUMP captures value from the platform's own launch and trading fees. Pump.fun made launching a token trivially easy on Solana, and the result was hundreds of thousands of tokens, the overwhelming majority of which went to zero — a fact the platform's own data makes visible. Whether that is democratised access or industrialised speculation is a genuine argument, and it deserves to be stated plainly rather than softened. The platform generated substantial fee revenue during peak activity. On this map PUMP's fortunes track memecoin launch volume, which is one of the most cyclical revenue bases in the market.
What does Pump.fun do?
It makes launching a token on Solana trivially easy, with a bonding-curve mechanism that provides liquidity from the start.
What happened to the tokens launched there?
Hundreds of thousands were created and the overwhelming majority went to zero. That is visible in the platform's own data and is the central fact about it.
Is that democratisation or speculation?
It is a real argument with substance on both sides — anyone can launch, and almost everyone who buys loses. Both statements are true simultaneously.
What drives PUMP's revenue?
Memecoin launch and trading volume, one of the most cyclical revenue bases on this map.
Market cap decides how big a bubble is drawn, so rank is what places PUMP on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #12 | Rain (RAIN) | $10.20B |
| #61 | Worldcoin (WLD) | $1.09B |
| #113 | Pump.fun (PUMP) | $823.56M |
| #161 | Ethereum Name Service (ENS) | $225.65M |
| #163 | Trust Wallet (TWT) | $221.17M |