$PUMP
Eco Analysis : Meme Coin Market Shows Renewed Strength as Pump.fun Activity Surges in December
The meme coin market is showing clearer signs of recovery this month, with Pump.fun —
the leading platform for launching meme assets — reporting a steady rebound in newly created tokens. Analysts note that investor sentiment is gradually shifting toward higher risk-taking as the year comes to an end.
According to Dune Analytics, the number of new meme tokens launched on Pump.fun has consistently stayed above 20,000 per day in December, briefly surpassing 25,000 on December 2 — the highest reading since mid-September. While activity remains far from early-2025 peaks, it reflects a notable change in retail psychology, with capital returning to low-cap experimental assets.
Despite the uptick in token creation,
Pump.fun’s revenue and DEX trading volume remain more than 80% below their early-year levels. However, daily active wallets have held steady at around 100,000 since August, even through multiple liquidation waves — a sign of strong user retention.
That retention continues to outperform traditional Web2 benchmarks. As highlighted by The DeFi Report’s Michael Nadeau, Pump.fun posted a 12.4% Week-4 retention rate and 11.4% in Week-8, well above Web2 averages.
Traders are also taking notice. Daan Crypto Trades pointed out that meme coins have outperformed major altcoins over the past two weeks — a rare shift after long periods of weakness. While the trend could signal growing risk appetite, he cautioned that it may prove short-lived.
Still, several market indicators now suggest a potential return of “meme season” in December. If momentum continues, the Pump.fun ecosystem could once again become a magnet for retail traders seeking high-risk, high-reward opportunities.
