Nearly 90% of users who traded meme coins launched from Pump.fun have either lost their investment or made less than $100 in profits. Despite these facts, only the successful trades gain the spotlight and create FOMO. 

Several speculative tokens created via Pump.fun have accumulated millions in market cap, but the profits were wracked up by less than 10% of investors. 

FOMO is Driving Pump.fun Meme Coins 

Earlier today, a 13-year-old created a token on Pump.fun, while live streaming. Much to his surprise, the token quickly surged, and he quickly liquidated all the tokens for a $30,000 profit. However, as the story went viral, those tokens surged in value to nearly $4 million. 

Stories like this are driving FOMO within the community, and traders are pouring their investments into these speculative meme coins – which end up being pump-and-dump tokens. Data from Dune shows that less than 3% of traders made over $1,000 profit with such meme coins. 

In fact, on-chain analysts have noted several transactions where Pump.fun meme coins traders have made significant losses due to speculative investments. 

Back in October, one particular trader bought five different meme coins hours after their price spiked. He ended up losing money on each token, as
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Author: Mohammad Shahid