Cinneamhain Ventures Partner: Pump.fun Cryptocurrency Success Rate on Raydium Is Only 1.41%

Odaily News Dune Analytics data shows that the success rate of cryptocurrencies on pump.fun on Raydium is 1.41%, and it has fluctuated between this figure and 1.21% since May, reaching an all-time high of 2.56% on February 16. Adam Cochran, partner at Cinneamhain Ventures, commented in an article on August 1: "The 'graduation rate' of tokens on pump.fun has stagnated at around 1.4%." Cochran further pointed out that no new tokens have "really broken through" the $20 million FDV level. Crypto commentator and Web3 developer Bread added that only 22,300 of the 1.58 million tokens launched on pump.fun were actually listed on Raydium. (Cointelegraph)