Kategorie: Crypto News

• 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 Solana-based meme coin launchpad, is facing scrutiny as new data reveals that more than half of participating wallets have suffered losses.

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.

The findings come just ahead of Pump.fun’s highly anticipated $1 billion PUMP token launch.

While the event has fueled significant buzz, it has also coincided with fresh selling pressure on Solana (SOL), the ecosystem’s base chain.

Millions lost, few gain as profit disparity widens

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.

Nearly 1,700 addresses lost more than $100,000, and 46 wallets suffered losses in excess of $1 million.

By comparison, only about 5,000 addresses made over $100,000 in gains, and a mere 311 wallets reported profits above $1 million.

A breakdown of May 2025 profit-and-loss data shared by crypto analyst Miles Deutscher on X revealed that over 51% of wallets lost more than $500.

Just five wallets (0.0015%) earned between $50,000 and $100,000, underscoring the sharp imbalance in wealth generation across the platform.

Most profitable wallets gained only modestly, with 916,500 wallets earning between $0 and $1,000, further challenging claims of accessible wealth creation.

Trading bots, scams, and retail risk dominate platform activity

Pump.fun was initially positioned as an easy-to-use platform where anyone could launch a meme token on Solana for less than $2.

However, recent data casts doubt on its fairness and transparency.

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.

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.

Pump.fun’s 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.

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.

Solana hit by selloff ahead of $1B token sale

As the PUMP token prepares to go live, market participants are already reacting.

The launch aims to raise $1 billion through a community-distributed token model. However, the growing anticipation is triggering rotation away from Solana’s native token.

Traders are reallocating capital to speculate on the PUMP launch, causing downward pressure on SOL in recent weeks.

Deutscher noted in a separate post that this capital shift reflects how investors previously used SOL as a proxy for Pump.fun’s fee generation.

Now, with a direct token offering in place, SOL is no longer necessary as an intermediary asset.

This shift could weaken Solana’s near-term liquidity profile and complicate the network’s broader decentralised finance strategy.

Despite being a breakout player during the early 2025 meme coin rally, Pump.fun’s trajectory is now marked by significant risk.

The narrative of financial democratisation is undercut by hard data, which shows that 312,191 wallets — or 95.6% — either broke even or lost money.

Whether the PUMP token can reverse sentiment remains unclear, especially with regulatory and reputational clouds looming overhead.

The post Over 60% of Pump.fun wallets lost money: report appeared first on CoinJournal.

Financial and political implications of Trump’s “One Big Beautiful Bill” have been the front and centre of all financial debates in recent weeks.

While many argue this legislation could prove a bane for the US national debt, high-profile crypto experts are convinced that it may actually emerge as a catalyst for Bitcoin’s next major rally, and a boon for the crypto markets at large.

As investment sentiment on digital assets heat up, attention is rapidly shifting toward best crypto presales that can ride this expected bullish wave. Among them, Bitcoin Pepe is turning heads as a standout opportunity in the meme coin space.

Why may Trump’s spending bill be a positive for Bitcoin?

Trump’s “One Big Beautiful Bill” comes with provision for increased spending and a possible debt ceiling hike that’s sparked backlash from economists and industry leaders alike.

Critics argue it threatens to worsen the US fiscal outlook. According to Coinbase chief executive, Brian Armstrong, unchecked spending could accelerate Bitcoin’s rise to reserve currency status.

Echoing the sentiment, billionaire Elon Musk took to X to slam the bill, prompting a wave of pro-BTC commentary.

Bitcoin evangelists like Max Keiser went further, calling the legislation an open invitation to “print-to-death”, predicting a BTC price target of $2.2 million.

XRP lawyer John Deaton and BitMEX founder Arthur Hayes joined the chorus, suggesting the bill is a billboard for Bitcoin adoption – even hinting that Tesla could expand its crypto holdings.

As more institutional and retail investors view Bitcoin as a hedge against runaway government spending, the broader crypto market could see a tidal wave of inflows.

What makes Bitcoin Pepe the best crypto presale in 2025

While Bitcoin remains the centerpiece of the digital asset class, meme coins have increasingly acted as high-beta plays during bullish market cycles.

Much like what happened in the 2020 – 2021 cycle, when stimulus-driven liquidity flooded into Dogecoin and Shiba Inu, meme coins today are poised to benefit from renewed interest sparked by fiscal instability.

As traditional investors look for asymmetric upside in the crypto space, presales offer the added advantage of early-stage pricing and massive growth potential. That’s where Bitcoin Pepe comes in.

Bitcoin Pepe combines two of crypto’s most iconic cultural forces: Bitcoin and the legendary meme figure Pepe the Frog. This hybrid meme coin is currently in presale and rapidly gaining traction thanks to its clever branding and a super active, well-engaged community.

With a capped supply, fair tokenomics, commitment to ultra-low fees and instant transactions – and plans for listings on major decentralized exchanges post-presale, Bitcoin Pepe is more than just a joke coin – it’s a statement.

On June 17^th, Bitcoin Pepe will announce when it goes live on a CEX, ahead of which, investors still have an opportunity to build an early position in it.

Click here to explore ways to participate in Bitcoin Pepe’s ongoing presale.

The post Best crypto presales to invest in as experts dub Trump’s spending bill a positive for Bitcoin appeared first on CoinJournal.