Polymarket traders are currently split, right down the middle, on whether PUMP will reach a new all-time high by December 31, 2025. The debate reflects a market caught between explosive momentum and some glaring risks. On one hand, Pump.fun has been nothing short of a phenomenon roughly 13 million tokens launched out of Solana’s total 32 million. That’s nearly $500 million in total fees, with around $120 million generated just in the past month. Daily activity? Still strong.
But there’s a dark side: quality. A staggering 98.6% of those tokens are flagged as scams. The median hold time? About 100 seconds. That’s barely enough time to think, let alone invest.
PUMP itself, which launched in July, is still down around 20% from its all-time high of approximately $0.008819. Yet, it’s surged about 75% in the last 30 days, now sitting at a market cap near $2.48 billion.


