{"id":53733,"date":"2025-06-05T16:05:21","date_gmt":"2025-06-05T16:05:21","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/over-60-of-pump-fun-wallets-lost-money-report\/"},"modified":"2025-06-05T16:05:21","modified_gmt":"2025-06-05T16:05:21","slug":"over-60-of-pump-fun-wallets-lost-money-report","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/over-60-of-pump-fun-wallets-lost-money-report\/","title":{"rendered":"Over 60% of Pump.fun wallets lost money: report"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-19-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-19-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-19-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-19-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>1,700 wallets lost more than $100,000; only 311 gained over $1 million.<\/li>\n<li>UK banned the site in 2024; a lawsuit was filed against it in January 2025.<\/li>\n<li>Pump.fun plans to raise $1 billion through the upcoming PUMP token launch.<\/li>\n<\/ul>\n<p data-start=\"151\" data-end=\"695\">Pump.fun, the Solana-based meme coin launchpad, is facing scrutiny as new data reveals that more than half of participating wallets have suffered losses.<\/p>\n<p>According to a Dune Analytics report cited by BeInCrypto, at least 60% of wallet addresses that interacted with Pump.fun over the past six months ended up posting losses.<\/p>\n<p>The findings come just ahead of Pump.fun\u2019s highly anticipated $1 billion PUMP token launch.<\/p>\n<p>While the event has fueled significant buzz, it has also coincided with fresh selling pressure on Solana (SOL), the ecosystem\u2019s base chain.<\/p>\n<h2 data-start=\"697\" data-end=\"750\">Millions lost, few gain as profit disparity widens<\/h2>\n<p data-start=\"752\" data-end=\"1130\">Of the 4.257 million wallets that traded more than 10 tokens on Pump.fun, 2.4 million (56.6%) registered cumulative losses between $0 and $1,000.<\/p>\n<p data-start=\"752\" data-end=\"1130\">Nearly 1,700 addresses lost more than $100,000, and 46 wallets suffered losses in excess of $1 million.<\/p>\n<p data-start=\"752\" data-end=\"1130\">By comparison, only about 5,000 addresses made over $100,000 in gains, and a mere 311 wallets reported profits above $1 million.<\/p>\n<p data-start=\"1132\" data-end=\"1574\">A breakdown of May 2025 profit-and-loss data shared by crypto analyst <a href=\"https:\/\/x.com\/milesdeutscher\/status\/1930493652914307152?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1930493652914307152%7Ctwgr%5E722a70a8faae2ba102c594a8b4d4f70acdc9af6b%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fbeincrypto.com%2Fpump-fun-trading-data-majority-lose-money%2F\">Miles Deutscher on X<\/a> revealed that over 51% of wallets lost more than $500.<\/p>\n<p data-start=\"1132\" data-end=\"1574\">Just five wallets (0.0015%) earned between $50,000 and $100,000, underscoring the sharp imbalance in wealth generation across the platform.<\/p>\n<p data-start=\"1132\" data-end=\"1574\">Most profitable wallets gained only modestly, with 916,500 wallets earning between $0 and $1,000, further challenging claims of accessible wealth creation.<\/p>\n<h2 data-start=\"1576\" data-end=\"1641\">Trading bots, scams, and retail risk dominate platform activity<\/h2>\n<p data-start=\"1643\" data-end=\"2048\">Pump.fun was initially positioned as an easy-to-use platform where anyone could launch a meme token on Solana for less than $2.<\/p>\n<p data-start=\"1643\" data-end=\"2048\">However, recent data casts doubt on its fairness and transparency.<\/p>\n<p data-start=\"2050\" data-end=\"2438\">Solidus Labs research cited in the same report found that 98% of tokens launched on Pump.fun showed signs of fraudulent activity or lacked real liquidity. Just 1.4% of tokens had active, verifiable markets.<\/p>\n<p data-start=\"2050\" data-end=\"2438\">With so few functioning tokens, analysts question whether Pump.fun is advancing DeFi adoption or simply enabling low-cost scams under the guise of community-driven decentralisation.<\/p>\n<p data-start=\"2440\" data-end=\"2767\">Pump.fun\u2019s past regulatory issues have also resurfaced. The site was banned in the UK in 2024, and it is currently facing a lawsuit filed in January 2025.<\/p>\n<p data-start=\"2440\" data-end=\"2767\">The legal case, still ongoing, has amplified caution among both institutional and retail investors, particularly as the platform prepares for its high-profile token launch.<\/p>\n<h2 data-start=\"2769\" data-end=\"2817\">Solana hit by selloff ahead of $1B token sale<\/h2>\n<p data-start=\"2819\" data-end=\"3186\">As the PUMP token prepares to go live, market participants are already reacting.<\/p>\n<p data-start=\"2819\" data-end=\"3186\">The launch aims to raise $1 billion through a community-distributed token model. However, the growing anticipation is triggering rotation away from Solana\u2019s native token.<\/p>\n<p data-start=\"2819\" data-end=\"3186\">Traders are reallocating capital to speculate on the PUMP launch, causing downward pressure on SOL in recent weeks.<\/p>\n<p data-start=\"3188\" data-end=\"3558\"><a href=\"https:\/\/x.com\/milesdeutscher\/status\/1930160442300870733\">Deutscher noted in a separate post<\/a> that this capital shift reflects how investors previously used SOL as a proxy for Pump.fun\u2019s fee generation.<\/p>\n<p data-start=\"3188\" data-end=\"3558\">Now, with a direct token offering in place, SOL is no longer necessary as an intermediary asset.<\/p>\n<p data-start=\"3188\" data-end=\"3558\">This shift could weaken Solana\u2019s near-term liquidity profile and complicate the network\u2019s broader decentralised finance strategy.<\/p>\n<p data-start=\"3560\" data-end=\"3966\">Despite being a breakout player during the early 2025 meme coin rally, Pump.fun\u2019s trajectory is now marked by significant risk.<\/p>\n<p data-start=\"3560\" data-end=\"3966\">The narrative of financial democratisation is undercut by hard data, which shows that 312,191 wallets \u2014 or 95.6% \u2014 either broke even or lost money.<\/p>\n<p data-start=\"3560\" data-end=\"3966\">Whether the PUMP token can reverse sentiment remains unclear, especially with regulatory and reputational clouds looming overhead.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-2.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/over-60-of-pump-fun-wallets-lost-money-report\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) 1,700 wallets lost more than $100,000; only 311 gained over $1 million. UK banned the site in 2024; a lawsuit was filed against it in January 2025. Pump.fun plans to raise $1 billion through the upcoming PUMP token launch. Pump.fun, the [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":53734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53733"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=53733"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/53734"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=53733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=53733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=53733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}