#Is Pump.fun data fabricated?#
Hot Topic Overview
Overview
The Pump.fun platform has recently been embroiled in controversy over alleged data manipulation. Dune data shows that out of 13.5 million Pump.fun wallet addresses, only 0.458% of users have achieved profits exceeding $10,000, while the most profitable wallet boasts a profit of $35.88 million. In response, Pump.fun founder Alon refuted these claims on social media, arguing that the Dune data statistics are flawed. He stated that the data fails to account for token purchases tied to Raydium and unrealized profits. Furthermore, he pointed out that over 13 million traders include numerous bots and AI agents, with approximately 30% of wallets engaging in only a single transaction, suggesting they are unlikely to be real users. Currently, the controversy surrounding Pump.fun's data manipulation remains unresolved, with no definitive conclusion reached.
Ace Hot Topic Analysis
Analysis
The Pump.fun data manipulation incident has attracted widespread attention. Dune data shows that out of 13.5 million Pump.fun wallet addresses, only 0.458% of wallets have achieved profits exceeding $10,000, with the top-earning wallet generating a profit of $35.88 million. However, the Pump.fun founder has questioned this data, arguing that the statistics are flawed, including the failure to account for token purchases associated with Raydium, the exclusion of unrealized profits, and the existence of a large number of bots and AI agents. He pointed out that about 30% of wallets have only conducted one transaction, which is selling, and these wallet activities cannot be attributed to real human users. Therefore, the Pump.fun founder believes that the true number of profitable and high-profit wallets may be an order of magnitude greater than what is shown. Currently, the truth behind the Pump.fun data manipulation incident remains under investigation.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Pump.fun has a large number of users, but most users have not achieved more than $10,000 in profit, only 0.4% of users have achieved more than $10,000 in profit.
Pump.fun founder believes that Dune data statistics are wrong, they did not include the token purchase bound with Raydium, nor did they consider unrealized profit, and many traders are robots and AI agents.
Pump.fun's profit data may be underestimated because Dune data does not consider token purchases bound with Raydium and unrealized profits.
Among Pump.fun's users, about 30% of wallets have only made one transaction, which is to sell, this may be the behavior of robots or AI agents.