[Meme Coin Market Cools Down, Significant Decline in Token Issuance Across Multiple Platforms]
Data from September 29 shows that the popularity of the Meme coin market has dropped significantly. In the past 24 hours, the number of graduation tokens on Pump.fun decreased to 64, LetsBonk dropped to 9, and platforms like Raydium and Orca recorded 0 graduation tokens.
In terms of active addresses, Pump.fun had 62,641, LetsBonk had 8,790, while other platforms had fewer than 400. Regarding token issuance, Pump.fun recorded 13,206 tokens, a decline of approximately 70% from its peak on November 17, 2024.