Sometimes it feels like everyone is making money all of the time in crypto, but that’s not the full truth. In fact, just 0.4% of Pump.fun traders have profited $10,000 or more trading on the meme coin platform.
Dune data analyst, Adam Tehc, found that only 55,012 wallets of the over 13.4 million on the platform have realized $10,000 in profit or more—that’s just 0.4% of wallets. As for the mythical crypto millionaire, only 294 wallets have realized a profit of more than $1 million, which is approximately 0.002% wallets on the platform.
“289 Pumpfun millionaires is very low and speaks to the gap between the timeline and reality,” Tech told Decrypt.
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