As the Solana
SOL
$143.1
24h volatility:
7.4%
Market cap:
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Vol. 24h:
$5.02 B
token launchpad Pump.fun gears up for the upcoming PUMP token launch, on-chain data shows that around 60% of wallet addresses on the platform are currently operating at a loss, with over 1,700 wallets each down more than $100,000.
Data from DuneAnalytics shows that out of 4.257 million addresses that traded over 10 Pump.fun tokens in the past six months, approximately 2.4 million (56.6%) recorded cumulative losses ranging from $0 to $1,000.
Nearly 1,700 addresses faced losses exceeding $100,000, while 46 wallets reported losses of more than $1 million.
Pump.fun wallet addresses are losing – Source: Dune Analytics
On the other ha
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