I wasn't going to quote tweet this, but after verifying the data with grok I decided to. Pumpfun memecoin trading is brutal.
On-chain data from Dune and reports show
42% of wallets take outright losses
55% barely break even or scrape tiny profits (<$500)
and only a tiny 0.03% hit $10K+ gains!
Basically, 98%+ make peanuts or lose. That's not a crypto game any more - it's a slaughter.
Why are we losing so much now? Back in the 2021 days, one strong community rallied around ONE token. Massive hype, unified buying, scarcity drove the pumps. Now? The market's fully diluted - thousands launching daily on Pumpfun. Everyone thinks they're gonna get rich quick. But it's zero-sum. Only insiders, bots, or lucky snipers win by dumping early. The rest of us feed fees and rugs.
Fun fact: your odds are better in Vegas. Quick comparison (from Wizard of Odds & standard rules):
Blackjack (with strategy): 0.5–1% house edge, 45–49% chance to profit in a session
Craps (pass + odds): 0–1.4% edge, 45–50% win chance
Baccarat (banker): 1.06% edge, 45–49% chance
Roulette (European): 2.7% edge, 45–48% chance
Slots: 2-15% edge, low win chance, high variance
Vegas tables give you 45–50% shot at walking away up. Pumpfun? Way worse skew - extreme fees, rugs, and chaos.
Key takeaway: Rally around quality projects with real communities and utility. Not every launch. The casino's hurting a lot of people. Let's build smarter.
$RAGE $DOGE $SHIB $BONK $PEPE $FLOKI $PENGU $LOFI

GEM DETECTER
@gem_detecter
PumpFun P&L last month just leaked:
To be in the top 1% BEST TRADERS, you need $500 in profit.
99% TRADERS made less than $500.
42% LOST money.
Only 4 wallets (0.002%) made over $50K.
180,000 people played the memecoin casino this month, and it is designed for only 4 people

You got this bro.
From Twitter
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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