Pump launched the "Mayhem Mode" which significantly increased token issuance and revenue in its first week.

PANews November 19 news, according to The Block report, the “Mayhem mode” launched by Pump.fun last week did not significantly drive platform growth. Data shows that the average daily issuance of new coins on the platform was 17,300 before the mode was launched, and increased to 17,800 a week after launch, with a growth rate of less than 3%. Although the Mayhem mode introduced AI trading agents to enhance initial trading activity of the tokens, it did not drive revenue growth; instead, platform revenue declined, weakening the repurchase support for the PUMP tokens. Currently, the market capitalization of PUMP is about 1.1 billion USD, down about 30% from its historical high.