{"id":25875,"date":"2025-05-08T19:16:51","date_gmt":"2025-05-08T19:16:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25875"},"modified":"2025-05-08T19:16:51","modified_gmt":"2025-05-08T19:16:51","slug":"98-of-pump-fun-tokens-are-frauds-the-extractive-nature-of-solana-meme-coins","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25875","title":{"rendered":"98% Of Pump.fun Tokens Are Frauds: The Extractive Nature Of Solana Meme Coins"},"content":{"rendered":"<div>\n<p>A new report by <strong>Solidus Labs<\/strong> on Thursday exposed rampant fraudulent activity in <strong>Solana<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) meme coin market, identifying that 98.7% of tokens on the decentralized exchange <strong>Pump.Fun<\/strong> are involved in pump-and-dump <a href=\"https:\/\/www.benzinga.com\/25\/02\/43786713\/solana-meme-coin-ecosystem-under-fire-galaxy-research-cites-libra-rug-pull-as-major-blow\">schemes or rug pulls<\/a>.<\/p>\n<p>Additionally, 93% of liquidity pools on <strong>Raydium<\/strong>, another major Solana DEX, exhibit characteristics of soft rug pulls, where creators abruptly withdraw liquidity, severely impacting token prices. <\/p>\n<p><strong>What Hppened: <\/strong>The <a href=\"https:\/\/www.soliduslabs.com\/reports\/solana-rug-pulls-pump-dumps-crypto-compliance\">findings<\/a> highlight the urgent need for enhanced monitoring to protect traders and crypto institutions from financial, regulatory, and reputational risks.<\/p>\n<p>Solana&#8217;s low transaction fees and rapid processing times have made it a hotspot for meme coin trading, but these same features enable scammers to execute fraudulent schemes swiftly. <\/p>\n<p>Pump.Fun, with an average daily trading volume exceeding $100 million, saw over 7 million tokens deployed between January 2024 and March 2025, yet only 97,000 maintain liquidity above $1,000. <\/p>\n<p>The report details how Pump.Fun&#8217;s bonding curve pricing model inherently favors token creators, driving prices up exponentially with each purchase and leaving late investors &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45297511\/98-of-pump-fun-tokens-are-frauds-the-extractive-nature-of-solana-meme-coins\" alt=\"98%\" of pump.fun tokens are frauds: the extractive nature solana meme coins>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A new report by Solidus Labs on Thursday exposed rampant fraudulent activity in Solana&#8216;s (CRYPTO: SOL) meme coin market, identifying that 98.7% of tokens on the decentralized exchange Pump.Fun are involved in pump-and-dump schemes or rug pulls. Additionally, 93% of liquidity pools on Raydium, another major Solana DEX, exhibit characteristics of soft rug pulls, where [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25875","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25875"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25875\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}