📢Blockchain News Flash! Odaily Planet Daily reported that the average daily fee of pump.fun last week was approximately US$870,000, while this week it dropped to approximately US$605,000, a 30% month-on-month decrease. 😲This decrease may be mainly due to unfavorable market conditions and the 2.21% drop in SOL prices during this week, which led to a general reduction in user risk appetite.

For a platform like pump.fun, the significant drop in risk appetite is particularly important as it represents the most extreme point of the risk curve in the industry. 📉The assets involved and deployed on the platform are often of the most speculative nature, attracting participants who want to make quick profits, but when the market deteriorates, they will also quickly retreat to avoid risks.

Furthermore, the significant drop in revenue indicates a corresponding decrease in token deployments and overall activity, which may indicate that the platform and the tokens it hosts have reached a state of saturation. As too many new coins are deployed, demand and attention may reach a point where the platform cannot keep up with the deployment of new coins. 🤔Although the market conditions are not optimistic, we are still optimistic about the future of Bitcoin! 💪