According to online reports, according to data disclosed by analyst defioasis.eth, compared with pump.fun's brilliance of raising funds at a valuation of US$4 billion, the average daily market value (FDV) of tokens graduating from pump.fun every day at the end of the day is only US$80,000-US$100,000, slightly higher than the market value of external graduation; the median is as low as US$4,000 +, and most of them will return to zero in a day trip even if they graduate. In the past month, the average market value of the top ten tokens with a daily graduation market value was US$500,000-US$2 million; in addition, the daily graduation rate range of which can be launched from the inner disk to the outer disk is 0.7%-1%, and the number of graduation tokens per day is between 200 and 400.