The Meme coin zone has not yet warmed up, with the smart money at the top of Pump.fun gaining small wins frequently over the past seven days, while most in the middle have retraced.

BlockBeats news, on September 17, according to GMGN data, although the active smart money at the top has maintained high trading volumes over the past 7 days, today's returns have mostly turned negative or flat, with significant divergence in the 7-day returns. The win rate of mid-tier addresses over the past 7 days is generally below 50% and drawdowns have widened, with a few long-held accounts losing over 80% in 7 days, while most smart money addresses remain inactive.

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