Markets· ★★★· bearish·

65% of Pumpfun token developers sell within the first minute of launch

  • —65% of Pumpfun token developers sell within the first minute of launch
  • —21% of projects had linked wallets holding a median 10% of supply
  • —Developers and linked wallets earned $579 million over the year
  • —58% of Solana DEX volume ($117.7 billion) was classified as non-genuine trading
Why it matters: The data suggests most meme coin volume and activity is manufactured, raising risks for retail buyers.
#SOL
Source: 動區 BlockTempo
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