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Pump launched the "Mayhem Mode" which significantly increased token issuance and revenue in its first week.
PANews, November 19 - According to a report by The Block, the "Mayhem mode" launched by Pump.fun last week has not significantly driven platform growth. Data shows that the average daily issuance of new coins on the platform was 17,300 before the mode was launched, and increased to 17,800 a week after launch, a growth rate of less than 3%. Although the Mayhem mode introduced AI trading agents to enhance the initial trading activity of tokens, it did not lead to revenue growth; instead, platform income declined, weakening the buyback support for the PUMP token. Currently, the market capitalization of PUMP is approximately $1.1 billion, down about 30% from its historical peak.
PUMP7.62%

