Launches on @pumpdotfun are back at 12-month lows after dropping 82% from the top. We saw a similar drop-off last year, only for it to come back when markets picked up later on. Could we see that again, or have people become so disenchanted that it's really the end of an era?
January just set a record for the most amount of tokens created in a single month with +600k new launches. 😱 When compared to the average of 50k tokens created per month in 2022, it's clear why we aren't getting traditional alt seasons anymore...
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