Pump.Fun News: 98% of Tokens on Pump.Fun Have Been Rug Pulls or an Act of Fraud, Report Says

Pump.Fun News: 98% of Tokens on Pump.Fun Have Been Rug Pulls or an Act of Fraud, Report Says

A report by Solidus Labs has revealed the alarming scale of fraudulent activity on the Solana blockchain, with 98.6% of tokens launched on Pump.fun being chalked down as rug pulls or pump-and-dump schemes.More than seven million tokens have been issued on Pump.fun since its inception in January 2024, with just 97,000 of those maintaining at least $1,000 in liquidity, the report added.Pump.fun is a token creation platform that lets users issue ne…

Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent  - BTC Ethereum Crypto Currency Blog

A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solana’s Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solana’s Low Fees Fuel Explosion of Meme Coin Fraud, Research Shows The findings, detailed in Solidus Labs’ “2025 Rug […]https://news.bitcoin.com/report-exposes-98-6-of-solana-meme-coins-on-pump-fun-as-fraudule…

Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent  – #CryptoUpdatesGNIT

A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solana’s Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solana’s Low Fees Fuel Explosion of Meme Coin Fraud, Research Shows The findings, detailed in Solidus Labs’ “2025 Rug […] Source link The post Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent…

Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent  – Crypto News Bitcoin News

A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solana’s Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solana’s Low Fees Fuel Explosion of Meme Coin Fraud, Research Shows The findings, detailed in Solidus Labs’ “2025 Rug […]