PumpFun Dominates Meme Launches as Capital Concentrates on One Platform

The memecoin launchpad market is showing an extreme concentration of activity, with one platform absorbing the vast majority of launches and trading volume. Recent data highlights a structure where capital is not broadly distributed across competing venues, but instead funneled aggressively into a single dominant ecosystem. This type of concentration is structurally important source: https://www.ethnews.com/pumpfun-dominates-meme-launches-as-capital-concentrates-on-one-platform/