Pump dot fun found a great product-market fit in the current market environment, often generating more fees than Solana and Ethereum blockchains.
A total of 2.7 million tokens have been deployed through pump dot fun, but the "graduation rate" is only 1.4%
According to the Dune dashboard data, the number of tokens deployed on the pump dot fun platform is close to 2.7 million. Despite the current market volatility and the significant decline in the popularity of memecoins, token deployment activities on the pump dot fun platform have not decreased, but continued.
Community is the best utilityAfter analysing over 2.7 million memecoins, we came to the conclusion that the key element that contributed to the success of memecoins is - the community. The community behind a memecoin is the most important characteristic of success. Without a group of people talking about the coin, hyping it on social media, and believing that it will continue to increase in price, the coin has no way of accruing value. Many projects will try to fake a community using bots, duplicate accounts, and other malicious methods. This becomes abundantly clear when the project has tens of thousands of X (Twitter) mentions, but very little activity on-chain and/or a lot of selling pressure. To build an organic community, many people must have the opportunity to buy the token when it is cheap enough for them to think it has the potential to grow much bigger.
Consequently, the initial release of the token is one of the most critical moments, as this can decide whether or not the token will be concentrated in the hands of a few or distributed among many.
Flight to qualityRather than a multitude of shitcoins flooding the market from platforms such as Pump dot fun, we are introducing a platform where only the strongest one will survive and be listed to the Raydium.
Before big launch to the Raydium we need to battle test the community. At the end of the day you’re actually not investing in memes you’re investing in people, you’re investing in group of people. Memecoins aren’t primarily about Memes:
20% about the Meme (pic)
80% about the People (community)
So MemecoinFrenzy dot com is the place where memecoin communities fight for survival. It's like the famous children's game called Musical Chairs. When the music stops, everyone must immediately sit in a chair. The one person left standing it out. Remove another chair and continue until only one person is left.
So, only “the ONE" battle-tested, real midcap memecoin will be kicked off! The rest will never survive the Memecoin Frenzy...
https://memecoinfrenzy.com/Memepaper.pdf
