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Dipesh
05-10

Logic always suggested that majority of the tokens would be 'pump-and-dumps'. But something in the range of 85%. 99% is not only alarming but screaming for regulatory oversight or governance oversight by Pumpfun.

The Defiant
@DefiantNews
05-10
☠️Almost 99% of memecoin launches on Solana's PumpFun launchpad are pump-and-dumps or rug pulls, according to a new report from Solidus Labs. Read more here: https://thedefiant.io/news/defi/alarming-99-of-memecoin-launches-on-pumpfun-are-pump-and-dumps-or-rug-pulls-report?utm_source=X&utm_medium=Organic_Social…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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