[Pump launches 'Mayhem Mode' in its first week without significant increase in token issuance and revenue] According to The Block, Pump.fun's 'Mayhem Mode,' launched last week, has not significantly driven platform growth. Data shows that the platform's average daily new token issuance was 17,300 tokens before the mode's launch, increasing to 17,800 tokens in the week after—a growth of less than 3%. Although Mayhem Mode introduced AI trading agents to enhance initial token trading activity, it did not boost revenue. Instead, platform income declined, weakening support for PUMP token buybacks. Currently, PUMP's market capitalization is approximately $1.1 billion, down about 30% from its historical peak.