Pine Analytics: Pump Fun trading at a high level pullback, demand for large Memecoin weakened

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Wu learned that according to Pine Analytics' analysis of FUN pump, the trading activity of FUN pump peaked at the end of January, then declined, but this pullback activity still remains at a relatively high level, which may not necessarily mean the collapse of the rise trend; new Wallets interacting with FUN pump peaked around the time of the US election, then declined, but the current level is still significantly higher than before the election; the retention rate of new Wallets interacting with FUN pump has not changed significantly in the past few months; the volume of Raydium and ORCA sharply rose during the TRUMP event and has now returned to previous levels; overall, the volume and demand for large Memecoins are decreasing, but smaller Memecoins launched by FUN pump remain as active as ever.

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