Most Pump.fun Users Lose Money

According to recent cryptocurrency data, the majority of traders using the decentralized platform Pump.fun have not made significant profits. In fact, only 0.4% of traders have generated profits exceeding $10,000. This situation has divided analysts, as these figures could be incorrect! What is the truth? Does Pump.fun really have profits or not? Do traders on Pump.fun make significant profits? Pump.fun allows cryptocurrency users to create and trade memecoins, but the statistics show that profitability remains a challenge for most people. Out of 13.55 million wallet addresses on this platform, about 55,296 addresses have profits exceeding $10,000. Moreover, profits in the six and seven figures are even rarer! Only 0.048% of traders earn more than $100,000 and only 0.00217% earn more than $1 million. However, onchain analyst Adam Tehc pointed out that the data does not fully reflect the actual profit earned on Pump.fun. He explained that unrealized profits, meaning cryptocurrencies that are profitable but not yet sold, are not taken into account. In addition, some of the highest-profit cryptocurrency investment portfolios are those that invested early and have high confidence in their choices. Furthermore, another analyst stated that "the likelihood is that the number of profitable and extremely profitable investment portfolios is significantly larger than the displayed figure." So, is there profit or no profit? Although the initial data may suggest limited profits for the majority of users, it is necessary to draw this conclusion. Unrealized profits and long-term strategies, often invisible in raw statistics, can be game-changers. Therefore, Pump.fun brings real potential, but its profits largely depend on the experience, timing, and cryptocurrency strategies of each trader. Overall, Pump.fun may bring profits to some experienced cryptocurrency traders, but most seem to be struggling to generate significant profits. Therefore, emphasize the importance of solid strategies and risk management.