Justin Solar’s current advertising blitz has apparently failed to extend traction on his Solar Pump memecoin launcher, with simply 9 cash launched on the platform yesterday.
The platform initially opened to 1000’s of token launches in August 2024, reaching highs of seven,500 per day. From September onwards, nonetheless, these every day token launches fell over the following six months to embarrassingly low figures, barely reaching increased than 10 every day.
In March of this yr, in an effort to reverse this development, Solar launched a advertising push, declaring it “Tron meme szn 👀.”
This did convey every day token launches nearer to a thousand by March 19. Nevertheless, in accordance with Dune analytics from @hashed_official, this quantity fell over the approaching weeks, and on Tuesday, it was again to below 10 cash a day.
Learn extra: Justin Solar fights a variety of lawsuits on behalf of corporations he doesn’t personal
On the identical day as Solar Pump’s 9 memecoin launches, its greatest rival, Pump Enjoyable, launched over 30,000.
Regardless of this, and amid claims from Pump Enjoyable’s CEO that there’s “tons of activity in the [memecoin] trenches,” Pump Enjoyable’s every day launches have fallen drastically from its every day highs recorded throughout November 2024 and January 2025.
On Tuesday, Solar Pump made slightly below $1,200 in every day income, whereas Pump Enjoyable revamped $1.3 million, in accordance with @maditim and @adam_tehc. Up to now, Solar Pump has revamped $5.9 million in income since its launch, whereas Pump Enjoyable has revamped $627 million.
Memecoins skilled a growth in recognition final yr, however the worth of the bulk is now within the purple as the broader market suffers within the midst of an financial fallout stemming from Donald Trump’s extortionate tariff insurance policies.
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