Pump.fun Under Fire: 60% of Users Suffer Losses Before Token Launch

Data from Pump.fun reveals concerning trends surrounding user trading activity, raising concerns about the platform’s fairness and long-term sustainability. Over 60% of users have experienced losses, with some suffering significant financial setbacks exceeding $100,000. This surge in trading activity, coupled with the upcoming PUMP token launch, has contributed to Solana (SOL) volatility, further emphasizing the risks associated with Pump.fun.