Pumpdotfun, a prominent token launch platform, has experienced fluctuations in its token deployment and revenue metrics in April 2025. On April 22, the platform graduated 289 tokens, a 38-token increase from the previous day, with a total of 36,350 tokens launched and pump revenue reaching $5.37 million, up by $3.96 million from the day before. The top coins launched that day by market capitalization included $TRUMPOLY with $5.2 million and $POSEIDON. On April 23, token graduations rose to 342, an increase of 53 from the prior day, with 42,150 tokens launched, though pump revenue declined to $2.16 million, down $3.21 million from April 22. The leading coins launched on April 23 were $TOFI, valued at $3.86 million, and $SIDELINED. Pumpdotfun continues to lead over Raydium Protocol’s LaunchLab in the Solana memecoin sector, averaging over 37,000 tokens launched daily, with 34% graduating within five minutes and exhibiting more extreme profit and loss patterns. Over the seven days leading to April 24, Pumpdotfun generated $3.77 billion in volume. However, the platform's deployment rate declined by 56.3% in the first quarter of 2025, dropping from a daily all-time high of 72,000 token launches in January to 31,000 by the end of Q1, following the exposure of $LIBRA, a memecoin backed by the Argentinian President, as a rugpull.