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Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent
By: bitcoin ethereum news|2025/05/09 00:30:06
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A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solana’s Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solana’s Low Fees Fuel Explosion of Meme Coin Fraud, Research Shows The findings, detailed in Solidus Labs’ “2025 Rug [...] Source: https://news.bitcoin.com/report-exposes-98-6-of-solana-meme-coins-on-pump-fun-as-fraudulent/
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