{"id":23798,"date":"2025-05-08T18:20:19","date_gmt":"2025-05-08T15:20:19","guid":{"rendered":"https:\/\/forklog.com\/en\/report-98-of-pump-funs-memecoins-deemed-scams\/"},"modified":"2025-05-08T18:20:19","modified_gmt":"2025-05-08T15:20:19","slug":"report-98-of-pump-funs-memecoins-deemed-scams","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/report-98-of-pump-funs-memecoins-deemed-scams\/","title":{"rendered":"Report: 98% of Pump.fun&#8217;s Memecoins Deemed Scams"},"content":{"rendered":"<p>According to a report by Solidus Labs, 98.6% of memecoins launched on the Pump.fun platform are associated with fraudulent schemes such as rug pulls and Pump &#038; Dump.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">98.7% of <a href=\"https:\/\/twitter.com\/pumpdotfun?ref_src=twsrc%5Etfw\">@pumpdotfun<\/a> tokens = pump &#038; dumps.<br \/>93% of <a href=\"https:\/\/twitter.com\/RaydiumProtocol?ref_src=twsrc%5Etfw\">@RaydiumProtocol<\/a> pools = rug pulls.<\/p>\n<p>Investors beware as the <a href=\"https:\/\/twitter.com\/solana?ref_src=twsrc%5Etfw\">@solana<\/a> ecosystem continues to grow, it\u2019s increasingly becoming ground zero for memecoin fraud.<\/p>\n<p>Read the 2025 Rug Pull Report: <a href=\"https:\/\/t.co\/PjRmGpWmdV\">https:\/\/t.co\/PjRmGpWmdV<\/a><\/p>\n<p>\u2014 Solidus Labs (@Solidus_Labs) <a href=\"https:\/\/twitter.com\/Solidus_Labs\/status\/1920464096639533264?ref_src=twsrc%5Etfw\">May 8, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>By January, more than seven million coins had been launched on the platform, but only 97,000 of them maintained liquidity of at least $1,000.<\/p>\n<p>The peak of activity in terms of the number of new tokens and trading volume occurred at the beginning of 2025.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"619\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/681ba3e1c956878399e0a1f2_Screenshot-2025-05-07-at-2.17.03-PM-1024x619.png\" alt=\"681ba3e1c956878399e0a1f2_Screenshot-2025-05-07-at-2.17.03-PM\" class=\"wp-image-258322\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/681ba3e1c956878399e0a1f2_Screenshot-2025-05-07-at-2.17.03-PM-1024x619.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/681ba3e1c956878399e0a1f2_Screenshot-2025-05-07-at-2.17.03-PM-300x181.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/681ba3e1c956878399e0a1f2_Screenshot-2025-05-07-at-2.17.03-PM-768x465.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/681ba3e1c956878399e0a1f2_Screenshot-2025-05-07-at-2.17.03-PM-1536x929.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/681ba3e1c956878399e0a1f2_Screenshot-2025-05-07-at-2.17.03-PM.png 1858w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Solidus Labs.<\/figcaption><\/figure>\n<p>The metrics of the popular decentralized exchange Raydium, based on Solana, confirmed a worrying trend:<\/p>\n<ul class=\"wp-block-list\">\n<li>93% of the 388,000 asset liquidity pools exhibited characteristics of rug pulls;<\/li>\n<li>the average scam damage amounted to $2,832, with 25% of cases at $732;<\/li>\n<li>the maximum loss volume reached $1.9 million.<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cSuch transactions demonstrate the vast scale of exploitation of market participants, with hundreds of traders regularly falling victim to incidents,\u201d the report&#8217;s authors noted.<\/p>\n<\/blockquote>\n<p>Earlier, CoinGecko <a href=\"https:\/\/forklog.com\/en\/news\/coingecko-identifies-key-cryptocurrency-market-narratives-for-q1-2025\">identified<\/a> memecoins as the most popular narrative of the first quarter of 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a report by Solidus Labs, 98.6% of memecoins launched on the Pump.fun platform are associated with fraudulent schemes such as rug pulls and Pump &#038; Dump. 98.7% of @pumpdotfun tokens = pump &#038; dumps.93% of @RaydiumProtocol pools = rug pulls. Investors beware as the @solana ecosystem continues to grow, it\u2019s increasingly becoming ground [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23797,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1161,1715,1252],"class_list":["post-23798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-memes","tag-pump-fun","tag-reports"],"aioseo_notices":[],"amp_enabled":true,"views":"196","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23798"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23797"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}