The post Pumpfun Trading Volume Falls for Fourth Straight Month as Retail Frenzy Fades appeared on BitcoinEthereumNews.com. Pumpfun’s wild run is losing steam. After dominating retail speculation for most of 2024 and early 2025, the platform is now facing its fourth straight month of declining volume. Activity is thinning, liquidity is leaving, and the meme-token conveyor belt that once defined crypto’s loudest retail cycle is slowing sharply. The numbers confirm the shift. Weekly trading volume on Pumpfun has dropped from a $3.3 billion peak to just $568 million last week, a collapse that signals the narrative has cooled almost entirely. The data, highlighted this week by CryptoRank, shows a steady decline that began in late summer and has not recovered since Pumpfun Volume Drops for 4th Month Straight Trading volumes on Pumpfun have been declining steadily since late summer, marking the end of one of the loudest retail-driven narratives of 2024–2025. Weekly activity has fallen from a peak of $3.3B to just $568M last week. The pace… pic.twitter.com/VUxtbNoolI — CryptoRank.io (@CryptoRank_io) December 7, 2025 The retail engine that once powered thousands of hyper-short-life tokens is stalling. And this time, the trend looks structural. Volumes Slide as Retail Momentum Breaks Pumpfun’s rise was built on speed, virality, and retail appetite for ultra-high-risk microcaps. But the same features that turned the platform into a cultural moment also made it sensitive to attention fatigue. Four straight months of lower volume now paint a clear picture:  Liquidity is thinning  New launches are slowing  Fresh tokens die within hours  Speculators are rotating elsewhere Activity that once felt unstoppable has cooled into a slow drip. The platform’s weekly volume falling from $3.3B → $568M marks an 82% drawdown from the peak, and the decline has been smooth rather than sudden, suggesting a long unwind rather than a temporary dip. Retail traders are moving on. New Token Launches Lose Their Edge One of Pumpfun’s… The post Pumpfun Trading Volume Falls for Fourth Straight Month as Retail Frenzy Fades appeared on BitcoinEthereumNews.com. Pumpfun’s wild run is losing steam. After dominating retail speculation for most of 2024 and early 2025, the platform is now facing its fourth straight month of declining volume. Activity is thinning, liquidity is leaving, and the meme-token conveyor belt that once defined crypto’s loudest retail cycle is slowing sharply. The numbers confirm the shift. Weekly trading volume on Pumpfun has dropped from a $3.3 billion peak to just $568 million last week, a collapse that signals the narrative has cooled almost entirely. The data, highlighted this week by CryptoRank, shows a steady decline that began in late summer and has not recovered since Pumpfun Volume Drops for 4th Month Straight Trading volumes on Pumpfun have been declining steadily since late summer, marking the end of one of the loudest retail-driven narratives of 2024–2025. Weekly activity has fallen from a peak of $3.3B to just $568M last week. The pace… pic.twitter.com/VUxtbNoolI — CryptoRank.io (@CryptoRank_io) December 7, 2025 The retail engine that once powered thousands of hyper-short-life tokens is stalling. And this time, the trend looks structural. Volumes Slide as Retail Momentum Breaks Pumpfun’s rise was built on speed, virality, and retail appetite for ultra-high-risk microcaps. But the same features that turned the platform into a cultural moment also made it sensitive to attention fatigue. Four straight months of lower volume now paint a clear picture:  Liquidity is thinning  New launches are slowing  Fresh tokens die within hours  Speculators are rotating elsewhere Activity that once felt unstoppable has cooled into a slow drip. The platform’s weekly volume falling from $3.3B → $568M marks an 82% drawdown from the peak, and the decline has been smooth rather than sudden, suggesting a long unwind rather than a temporary dip. Retail traders are moving on. New Token Launches Lose Their Edge One of Pumpfun’s…

Pumpfun Trading Volume Falls for Fourth Straight Month as Retail Frenzy Fades

2025/12/08 14:54

Pumpfun’s wild run is losing steam. After dominating retail speculation for most of 2024 and early 2025, the platform is now facing its fourth straight month of declining volume.

Activity is thinning, liquidity is leaving, and the meme-token conveyor belt that once defined crypto’s loudest retail cycle is slowing sharply.

The numbers confirm the shift. Weekly trading volume on Pumpfun has dropped from a $3.3 billion peak to just $568 million last week, a collapse that signals the narrative has cooled almost entirely. The data, highlighted this week by CryptoRank, shows a steady decline that began in late summer and has not recovered since

The retail engine that once powered thousands of hyper-short-life tokens is stalling. And this time, the trend looks structural.

Volumes Slide as Retail Momentum Breaks

Pumpfun’s rise was built on speed, virality, and retail appetite for ultra-high-risk microcaps. But the same features that turned the platform into a cultural moment also made it sensitive to attention fatigue.

Four straight months of lower volume now paint a clear picture:

  •  Liquidity is thinning
  •  New launches are slowing
  •  Fresh tokens die within hours
  •  Speculators are rotating elsewhere

Activity that once felt unstoppable has cooled into a slow drip. The platform’s weekly volume falling from $3.3B → $568M marks an 82% drawdown from the peak, and the decline has been smooth rather than sudden, suggesting a long unwind rather than a temporary dip.

Retail traders are moving on.

New Token Launches Lose Their Edge

One of Pumpfun’s biggest signals of slowdown is the drop in new token launches. The conveyor belt that once pumped out thousands of microcaps per week is noticeably slower. And even when new tokens do debut, they struggle to survive past the first few hours.

Short attention spans, fragmented liquidity, and declining speculative hype have formed a challenging mix. Most tokens no longer sustain enough momentum for multi-hour story arcs. What used to be a multi-day frenzy now ends before the chart even loads.

And without constant new narratives, the platform’s core loop breaks.

Liquidity Thins Across the Board

With fewer launches and weaker follow-through, liquidity is evaporating. The pools that once filled instantly now remain shallow. Buy walls disappear quickly. Sell pressure spikes earlier in the lifecycle.

This is the natural result of a market that relied heavily on:

  •  Fast inflows
  •  Viral discovery
  •  Rapid retail reflexes
  •  Momentum rotation
  •  Token hopping

When the audience shrinks, the liquidity environment collapses with it.

Liquidity fragmentation has also grown as veteran traders leave for more transparent and structured high-risk markets. That shift is important, because it shows the risk appetite is still there. It’s just moving elsewhere.

Capital Rotates Into Perpetual DEXs and Prediction Markets

The decline of Pumpfun isn’t just about fatigue. It’s also about opportunity.

The same traders who chased microcaps in early 2024 are now rotating into:

  •  Perpetual DEXs, where leverage, depth, and transparency are improving
  •  Prediction markets, which have grown sharply in volume, liquidity, and accessibility

Perp platforms now offer clearer risk profiles, better trade execution, and stronger incentives for active participants. Prediction markets have also become more mainstream, driven by rising interest in political cycles, sports, and macro events.

For many traders, these markets offer:

  •  Better transparency
  •  Clearer rules
  •  Deeper liquidity
  •  More predictable setups

Compared to the chaotic and often manipulated microcap environment, the shift is logical.

Pumpfun’s decline isn’t a loss of appetite. It’s a migration.

Even as volume shrinks, Pumpfun’s token economy is strengthening. The platform has quietly been running one of the most aggressive buyback programs of any token launched in the last two years.

According to new data, Pumpfun has already acquired over 10% of its circulating supply through buybacks, and it achieved this in less than four months from its token generation event.

This accumulation spree accounts for:

  •  3.53% of the total supply
  •  $160 million spent on buybacks
  •  A projected 33% annual buyback rate at the current pace

These numbers are enormous relative to the project’s size and history. No major retail-driven token has executed a buyback program this large, this quickly, or this consistently.

The scale signals one thing: Pumpfun is trying to counteract the fading retail cycle with strong tokenomics.

Why the Buybacks Matter

In a market experiencing declining attention, buybacks create structural support:

  •  They reduce circulating supply
  •  They strengthen price floors
  •  They concentrate ownership
  •  They reward long-term holders
  •  They reduce speculative oversupply

A 33% annualized buyback rate is extreme by any standard. If sustained, it would make $PUMP one of the most aggressively deflationary assets in the sector.

But the sustainability of such a program depends on platform revenues, which are dropping along with activity.

That creates a tension between shrinking volume and rising buyback demand.

A Retail Cycle Reaching Its Natural End

Pumpfun’s story is emblematic of every viral retail-driven crypto wave:

1. Fast rise

2. Wild hype

3. Peak mania

4. Liquidity split

5. Volume decay

6. Rotation to new narratives

The decline doesn’t mean the platform is dead. It means the cycle has matured. The initial mania phase is over, and the user base is stabilizing into a smaller but more experienced group.

Platforms built on retail frenzy rarely sustain exponential growth beyond a few months. The natural limit of attention, liquidity, and novelty always catches up.

Pumpfun is simply entering its next phase.

What Comes Next?

The next phase will likely be defined by:

  •  Slower but steadier launches
  •  Higher-quality token drops
  •  More controlled liquidity flows
  •  Continued buybacks
  •  Structural stabilization around a smaller user base

Pumpfun won’t return to the explosive levels of early 2024 unless crypto enters another speculative mania. But it can still remain relevant if it adapts.

The buyback program shows that the team is willing to defend its token economy aggressively. Whether that is enough to offset shrinking retail interest depends on how deep the rotation into other markets becomes.

For now, Pumpfun still has a strong brand, a ton of liquidity history, and one of the most active retail communities in crypto. But the data is clear: the frenzy has cooled.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Source: https://nulltx.com/pumpfun-trading-volume-falls-for-fourth-straight-month-as-retail-frenzy-fades/

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