Data: 80% of Pump.fun traders lose money, only 3.061% make more than $1,000
2024-08-19 00:36:43
On August 19th, X platform user arndxt released Pump.fun platform trading data showing that only 70 traders (0.0028%) made more than $1 million; 924 (0.037%) made more than $100,000; 11,936 (0.477%) made more than $10,000; 76,567 (3.061%) made more than $1,000. Only 20% of traders made a profit, and the remaining 80% faced losses. Arndxt pointed out that the majority of these traders are Generation Z and Alpha, and he quipped: "Imagine what the market will be like when these'financial geniuses' find jobs in 5 years."
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