According to Lookonchain, the news that "only 0.47% of pump.fun users earn more than $10,000" is not entirely accurate. The number one address on the Dune-related leaderboard only traded Meme coins named HP, earning 4 SOL. The $33 million profit shown on the leaderboard is grossly exaggerated.
Previously reported, according to @arndxt_xo statistics released on social media pump.fun platform transaction data show:
Only 0.47% of pump.fun users make more than $10,000, and 80% lose money.
Only 70 traders (0.0028%) made more than $1 million.
Only 924 traders (0.037%) made more than $100,000.
11,936 traders (0.477%) made more than $10,000.
76,567 traders (3.061%) earned more than $1,000.
Only 20% of traders make a profit, while the remaining 80% lose money.
Analysis: "Only 0.47% of pump.fun users earn more than $10,000" is not accurate
2024-08-19 02:46:24
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