Pump.Fun Is Lunching A Token. But What About The Platforms Numbers?
I would like to talk about pump.fun, they recently announced a 1B raise at $4B valuation...absolutely wild.
What is Pump.fun?
Pump.fun is a Solana-based platform that allows users to create and trade meme tokens instantly with zero coding. It gamifies token launches by enabling rapid liquidity provisioning and social trading, often with anonymous or humorous branding. The site has surged in popularity as a "meme launchpad," offering an easy gateway into speculative trading—but with little real utility behind most tokens.
I never liked it and barely used it and the reason is what I am about to show you.
93% of the Top 100 Wallets are Bots
Yes that's right, the huge majority of people you are trading against are bots finetuned to anticipate all of your moves. From snipping every early launch, to diversify accumulations, buy walls, sell walls...since first moment you have nearly zero chances to be "early".
It's still the King but... for How Long?
Competitors are catching up with Pump.fun. During the last month, alternative memepads were accounting for nearly 42.5% of the daily token launches. While during previous months that number rarely scratched the 5%.
LetsBonk holds 17.9%
Believe holds 12.9%
Less than 1% of Pump.fun tokens ends on a Solana DEX
So the issue is not about how they are sharing quota on the memepad market, at the same time, less users are on the platform and less fees revenue is being generated. Which translates in less than 1% of the tokens making it to a Solana DEX. This number dropped by 50% since the early 2025.
Only a 1.76% of Pump.Fun Traders Walk Away with over $1,000
Which is crazy, It's a plain extraction machine, newcomers burn their money on worthless tokens while pump.fun makes bank with fees. Basically you are better taking your money to the casino and at least you can also have a fun night.
So, would I want to use Pump.fun? Given the dominance of bots, the low odds of meaningful returns, and the dwindling number of tokens reaching real exchanges, the answer is clear for me—no. It feels more like a rigged game than a trading opportunity.
Posted Using INLEO
I witnessed like others how few people got extremely lucky in coins in launch in these meme coins. Even I was tempted to try these but eventually lost money trying to chase these quick money. Lesson learned and as of now these new meme coins/any baits are always a pass by for me.
The whole system is designed for the platform to make money from fees and 98% of users to loose money !
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