Justin Solar’s latest advertising and marketing 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 hundreds of token launches in August 2024, reaching highs of seven,500 per day. From September onwards, nonetheless, these day by day token launches fell over the following six months to embarrassingly low figures, barely reaching larger than 10 day by day.
In March of this yr, in an effort to reverse this development, Solar launched a advertising and marketing push, declaring it “Tron meme szn 👀.”
This did deliver day by day token launches nearer to a thousand by March 19. Nevertheless, in response to 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 largest 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 day by day launches have fallen drastically from its day by day highs recorded throughout November 2024 and January 2025.
On Tuesday, Solar Pump made just below $1,200 in day by day income, whereas Pump Enjoyable remodeled $1.3 million, in response to @maditim and @adam_tehc. Thus far, Solar Pump has remodeled $5.9 million in income since its launch, whereas Pump Enjoyable has remodeled $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.
Obtained a tip? Ship us an electronic mail securely through Protos Leaks. For extra knowledgeable information, comply with us on X, Bluesky, and Google Information, or subscribe to our YouTube channel.