According to data analyst Adam Tehc, only 0.4% of traders on the meme coin platform Pump.fun have made a profit of $10,000 or more. Tehc found that out of over 13.4 million wallets on the platform, only 55,012 have realized such profits. Additionally, only 294 wallets have profited over $1 million. The data excludes token purchases after graduation but includes token sales after graduation if they were purchased beforehand. Tehc suggests that these figures may be slightly skewed due to the presence of bot accounts on the platform. Pump.fun has generated over $392 million in revenue since its launch in January 2024 and has been responsible for the creation of over 5.7 million meme coins. The platform has faced controversy in the past, including incidents of animal abuse and a faked suicide, leading to the shutdown of its livestreaming feature and a warning from the UK's Financial Conduct Authority.



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