Pump.fun founder: Dune data statistics error, 30% of wallets have only made one sale transaction
Odaily Planet Daily News: In response to the previous Dune data showing that "there are only 54724 wallet addresses on pump.fun that make over $10000 in profits", pump.fun founder Alon stated in an article on X platform that the data is not accurate and the data published by the data publisher has the following issues: Not including the purchase of tokens already bound to Raydium, most of the profits are generated after the token is bound. This means that if you purchase Fartcoin for $200000 and sell it today (with a return of over 4000 times), your profit or loss will be $0, which is strange. The actual number of wallets with profits and large profits may be one order of magnitude larger than the displayed quantity. Not considering unrealized profits. Some of the most profitable wallets are those who firmly believe in the tokens they bought early on, which means that if you purchase PNUT on pump.fun for $40000 and hold it until today, your profit to loss ratio data will be negative. Many of the over 13 million traders are robots and AI agents. About 30% of wallets have only made one transaction, which is a sale. These wallet activities cannot be backed by real human users.