#Pump.fun data manipulation?#
Hot Topic Overview
Overview
The founder of Pump.fun has denied the user profit data displayed on Dune, claiming that the data collection method has issues. These issues include not accounting for token purchases tied to Raydium, not considering unrealized profits, and a significant amount of bot and AI agent participation in trading. He pointed out that the actual number of profitable users could be significantly higher than the statistics show, and that approximately 30% of wallets have only made one transaction, which suggests they may be bots or AI agents.
Ace Hot Topic Analysis
Analysis
The founder of Pump.fun has denied the data displayed on Dune, which shows "only about 55,296 addresses out of 13,547,736 Pump.fun wallet addresses have achieved profits exceeding $10,000." He pointed out that the data statistics have the following problems: Firstly, the data does not include token purchases that have been bound to Raydium, most of the profits are generated after token binding, while Dune data does not include this part of the profits. Secondly, unrealized profits have not been considered, some of the most profitable wallets are those that have held tokens for a long time, but Dune data only counts realized profits. Finally, many of the over 13 million traders are robots and AI agents, about 30% of wallets have only made one transaction, these wallets are unlikely to be real. Therefore, the founder of Pump.fun believes that Dune data statistics are incorrect, and the actual number of profitable and highly profitable wallets may be an order of magnitude larger than what is displayed.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Pump.fun founder believes that the Dune data statistics are incorrect and did not include the purchase of tokens bound to Raydium, resulting in most of the earnings not being counted.
Pump.fun founder believes that the Dune data does not consider unrealized profits, which leads to an underestimation of the profitability of wallets holding early tokens.
Pump.fun founder believes that among the 13 million wallet addresses counted in Dune data, many are bots and AI agents, not real users.
Pump.fun founder believes that 30% of the wallets counted in Dune data have only made one transaction, which is to sell, and these wallet activities are unlikely to be driven by real human users.