DeFI News by Thebittimes.Com

In one of the most surprising turns for the cryptocurrency market this year, Solana’s Pump.fun has seen its revenue plummet 95% in March of 2025. Indeed, the meme coin creation platform has fallen drastically since it was surging early to start the year and into February. The downturn has been rather shocking for many. Specifically, last month, it has seen daily fee revenue reach heights of 12,000 SOL, or $2 million. Yet, that is now averaging at 1,000 SOL a day, or just $100,000 in daily revenue through the first 18 days of the month. Source: Mudres Also Read: Pump.Fun Officially Banned in the UK Pump.fun Struggles as Daily Fee Revenue Falls to Just $100,000 In early 2025, the meme coin market had been thriving. Moreover, that success had been seen in Solana’s Pump.fun meme coin creator platform. Indeed, in January, the platform kicked off the new year with $14 million in revenue. However, things have fallen quite far since. The success of the entity continued into February...

The number of Dogecoin wallets holding over $1 million has nearly halved this year, registering a 40% decline since last November.  The number of Dogecoin (DOGE) millionaire s has declined by more than 40% year-to-year, according to data from BitInfoCharts. Despite the meme coin’s 30% surge in a month, it’s still over 10% short of its value from last November, a massive 90% off from its all-time high back in 2021. This rather steady decline over the past two years could be a key reason why DOGE millionaire s are becoming scarce.  In 2022, over 1,000 Dogecoin addresses held more than $1 million in value. As of November this year, this figure has fallen to 635. Breaking down these numbers, 548 of these addresses currently hold at least $1 million in Dogecoin, while 87 of them have balances exceeding $10 million. This reduction in high-value holdings reflects the broader decrease in Dogecoin’s market price, which has nearly halved over the year, plummeting fr...