High Alert

PumpFun is making millions from a market where 81% of memecoins crashed 90%

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CryptoSlate
PumpFun is making millions from a market where 81% of memecoins crashed 90%WorldPing
Image via CryptoSlate.

What happened

Talos reports rare observed recoveries, while platform fees and PUMP burns offer no automatic route back to break-even for other tokens.

Key facts

  • Reported by CryptoSlate and published Thu, 08 Oct 2026 22:00:06 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Bitcoin’s slide below $81,000 exposes why a Fed pause may not save the crypto market

  2. NFL tells Supreme Court prediction market sports contracts are gambling, not swaps

  3. NFL joins pushback against prediction markets as U.S. Supreme Court asked to act

  4. Hunter Biden Blasts Market Makers Over LAPTOP’s 99% Price Crash

  5. NFL Sides With States Against Kalshi in Supreme Court Prediction Market Fight

  6. Coinbase Users in Michigan Will Lose Sports Markets This Weekend

  7. PumpFun is making millions from a market where 81% of memecoins crashed 90%

Sources

The original report was published by CryptoSlate. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CryptoSlate

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Coinbase Users in Michigan Will Lose Sports Markets This Weekend

Coinbase will switch off sports prediction markets for Michigan customers as Saturday begins, becoming the third platform to pull back from the state as its attorney general vows to bring “all sports betting into compliance with the law.

Brief by WorldPing · Original reporting by Bitcoin.com