A crypto trader has managed to make quite a nice living by creating hundreds of tokens every day on Solana meme coin launchpad Pump.fun.
The trader, identified only by their Solana wallet “MNhB,” has profited more than $840,000 by launching 17,794 tokens over the last three months, according to available data on Dune. They’ve been profitable on 79% of those trades, data site GMGN shows.
Such a thing would have been scandalous in the crypto world just over a year ago—a dev pumping out token after token after token, never spending any amount of time or attention on their creations, and cashing in on each launch as quickly as possible. But it’s all now par for the course on the meme coin wonderland that is Pump.fun.
Pump.fun is a launchpad that allows anyone to create a crypto token, at zero cost, after filling in a few simple boxes. Users can opt to purchase a po
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Author: Ryan Gladwin
