Pumpfun Stablecoin2sqSDhXBAm5RZaqVWnNCmM4N4rNGsLEjXacf13b1pump
Case file · ante-mortem observation
FLATLINED.
Extreme centralization, zero utility, thermal death
Grade Score
33/100
Grade F · FLATLINED
Mkt Cap
$1.4K
Liquidity
$2.7K
Volume 24h
$0.4500
Holders
30
Price CollapseHeavy Concentration
Field Report
Pumpfun Stablecoin: A Study in Centralized Collapse
Here we observe the cadaver of PUSD, a stablecoin that achieved the remarkable feat of being simultaneously dead and immobile—much like a very expensive paperweight. With 99.8% of tokens concentrated in the hands of ten holders, this creature never truly had a fighting chance; it was less a financial instrument and more a elaborate Ponzi scheme's rehearsal dinner. The $0.16 in daily volume suggests that even its creators have abandoned it, much as one might leave a failed soufflé to cool in existential solitude.
Diagnosis
Liquidity
Critically low
$2.7K pool depth.
Activity
Flatlined
$0.4500 volume / 24h.
Holders
Extreme cluster
Top 5 hold 99.1% of supply.
Cause
Likely Cause
Extreme centralization, zero utility, thermal death
Patient Note
It promised stability but delivered only the crushing weight of inevitability—a stablecoin that proved the only thing stable about it was its descent into obscurity.
Holders
Top 1
96.6%
Top 5
99.1%
Top 10
99.9%
018Vjz...HfG296.60%
02waRM...WMgq0.76%
03u8SD...HAME0.67%
04334V...27uC0.66%
05FfFU...GiLJ0.44%
066Z8Z...5Kh20.39%
07B1kL...NrSZ0.14%
083FMd...XegS0.09%
09DY2Z...GK7Y0.09%
108psN...VRtf0.07%