Memecoin launchpad platform PumpfunIn August, it reached over 1.3 million active addresses. However, the total loss of users reached 66 million dollars. Although millions of transactions took place on the platform, most investors could not make a profit.
Despite the high activity 66 million dollars loss written
Crypto researcher DefioasisAccording to the data compiled by Pumpfun, 595,000 new memecoin was released in August, and the platform solana -based Launchpads rose back to leadership. However, although approximately 1.35 million addresses are active, most of the users have damaged. More than 60 percent of the participants closed the month with a loss and no address has earned over $ 1 million.
Approximately 882,000 wallets, ie 65.4 percent of the total addresses lost between 0 and 1,000 dollars. While the average loss was $ 73.41, this group wrote more than $ 64 million in total. On the other hand, 416,000 addresses earned below $ 1,000. In addition, 18,000 wallets earned between 1,000 and 10,000 dollars. The address of 1,665 earned over $ 10,000. In the general table, the net loss was 66 million dollars.
Pumpfun’s income and market share continues
Pumpfun, memecoin With its 1 percent swap fees, it has earned over $ 800 million in revenue. Jupiter data shows that the platform reached a share of 46.6 percent in the solana -based Launchpad market. The share of the rival Letsbonk remained below 9 percent.
Platform, PUMP TOKEN It is trying to provide price stability with its reputation. Pumpfun, who purchased $ 58.7 million in August in August, has made a total of $ 66.6 million repurchases so far. On average, 17.5 billion token was removed from circulation from $ 0.003765. According to Dune data, the number of Pump Token owners exceeded 71,000. 46 percent of small wallets hold less than 1,000 token.
The collective lawsuit process against the platform continues. In the case file updated in July, investor losses reached $ 5.5 billion. In the case file, Pumpfun’s operation was defined as “unlicensed casino ve and token mechanics were likened to the“ slot machine ..
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
