Solana memecoin launchpad Pump.fun has immediately deprecated its Tokenized Agent launch option, just as fresh research from CoinGecko lays bare the extremely transient nature of tokens created on the platform. Co-founder Alon Cohen announced the removal on Tuesday, calling it a first step toward shedding features that “don’t add enough value to users.” The agent mode was originally designed to bootstrap on-chain agents with automated buyback and burn mechanics, but Cohen said it led to excessive confusion and “needless PVP” among traders. “Coins PVPing each other because of launch modes benefits no one. It slows down momentum for narratives and pushes people away from our ecosystem,” he wrote.
The decision comes at a time when Pump.fun activity is once again heating up—highlighted by the viral $ANSEM token that surged 8,500% to a $172M market cap—but the wider trend is grim. CoinGecko’s block-by-block analysis of roughly 18.67 million tokens created on the platform between January 14, 2024 and June 18, 2026 found that 68.7% of all tokens recorded their last trade on the very day they launched. Combining those with tokens that survived only one extra day lifts the early failure rate to over 80%. The researchers measured lifespan as the number of calendar days from creation until the final trade on Pump.fun’s bonding curve, excluding tokens that never traded at all.
The drop-off accelerates rapidly: just 4.1% of tokens lasted two to three days, 3.4% made it to four to seven days, and only 4.55% stayed active beyond 90 days. The average lifespan across the dataset falls well under a single day. About 1% of launches eventually “graduate” to decentralized exchanges like Raydium, but the typical pattern is a swift pump driven by social media buzz and influencer mentions, followed by immediate liquidity drain when initial attention fades. “Creators launch large numbers of tokens in quick succession and move on to newer projects as soon as initial interest fades,” the CoinGecko team noted, tying the phenomenon to low creation costs and easy access to trending feeds.
Community reaction to the agent-mode removal has been largely positive, with many calling it a rare win for the ecosystem. Meanwhile, traders on Crypto Twitter debated a possible connection to influencer Ansem’s recent $ANSEM launch, though Pump.fun stated existing tokens with the agent feature remain unaffected. The platform has previously removed the live-streaming feature after a series of dangerous stunts, and Cohen indicated the agent concept could return in a different form—just not as a launch option. For now, the move signals an effort to reel in the speculative excesses that CoinGecko’s data so starkly documents.
