Memecoin success rate after graduation: what the data shows

The memecoin success rate on this page is the share of graduated tokens that still trade at or above their graduation market cap 1 hour, 24 hours and 7 days later. MemeFees measures it per launchpad.

All figures come from MemeFees follow-up measurements. The full table, with downloads, is on survival after graduation.

Memecoin success rate by launchpad

Share of graduated tokens at or above their graduation market cap, by launchpad and time after graduation
Launchpad	After 1 hour	After 24 hours	After 7 days
pump.fun Stats	32% of 22,455median 0.23×	9% of 21,306median 0.04×	3% of 5,223median 0.04×
LetsBONK.fun Stats	19% of 67median 0.43×	4% of 67median 0.23×	0% of 33median 0.17×
Bags Stats	n=12, too few	n=11, too few	n=1, too few
Jupiter Studio	n=6, too few	n=7, too few	n=6, too few
Moonshot	n=1, too few	n=1, too few	n=1, too few
All launchpads	32% of 22,541	9% of 21,392	3% of 5,264

Each cell: the share of measured graduates at or above their graduation market cap, the number measured, and the median market cap as a multiple of the graduation market cap. Settlement layers are left out. A rate needs at least 30 measured tokens.

How MemeFees measures success after graduation

For each graduation, the engine records the market cap at graduation. It then checks the market cap again after 1 hour, 24 hours and 7 days. A token counts as above when the later market cap is at or above the market cap at graduation.

Only graduations with a market cap of at least $1,000, measured within 10 minutes, enter the table. A follow-up counts only when it was measured within 10 minutes of its due time. When no matching pool is found, the follow-up is missing. A missing follow-up is not proof that the token failed.

What the survival data shows

MemeFees measured 21,392 graduated tokens 24 hours after they graduated. 1,977 of them (9%) traded at or above their market cap at graduation. The other 19,415 were worth less.

The share changes with time. After 1 hour, 32% of 22,541 measured tokens were at or above that mark and after 7 days, 3% of 5,264 measured tokens were at or above that mark.

By launchpad, the 24-hour share was 9% on pump.fun (21,306 tokens) and 4% on LetsBONK.fun (67 tokens). The median token was worth 0.04× its graduation market cap on pump.fun and 0.23× its graduation market cap on LetsBONK.fun after 24 hours. A value under 1× means the median token lost value.

For 72 of the 24-hour follow-ups, no matching pool was found. MemeFees counts these as missing observations, not as failed tokens, and leaves them out of the share.

Bags, Jupiter Studio and Moonshot had fewer than 30 measured tokens at 24 hours, so the table shows no rate for them.

Frequently asked questions

What is the memecoin success rate?

Of 21,392 graduated tokens that MemeFees measured, 9% traded at or above their graduation market cap 24 hours later.

What is the pump.fun success rate?

9% of 21,306 measured pump.fun graduates traded at or above their graduation market cap 24 hours later.

What happens to a memecoin after it graduates?

It trades in a DEX pool, and its price can rise or fall like any other token. MemeFees checks the market cap 1 hour, 24 hours and 7 days after graduation and compares it with the market cap at graduation.

Why do some launchpads show no rate?

A rate needs at least 30 measured tokens. A follow-up counts only when the price was measured within 10 minutes of its due time and the graduation market cap was at least $1,000.

Related data and guides

Fee facts are quoted from each launchpad's own documentation, with the date we last checked it. Fees and revenue come from DefiLlama; launch, graduation and survival figures come from the MemeFees engine (see the methodology). MemeFees is independent and not affiliated with any launchpad on this page. This page is general information. It is not financial advice.