## Snipers Dominate Pump.fun, Hurting Individual Investors A recent analysis by Finealytics reveals that snipers are heavily exploiting the Solana-based meme coin platform, Pump.fun. These automated programs purchase tokens at the moment of creation, generating profits at the expense of individual investors. Finealytics reports that over half of the tokens created on Pump.fun are immediately snapped up by sniper wallets. This pattern affects approximately 15,000 tokens created in the past month, involving 10,400 token issuers and 4,600 sniper wallets. This activity is most prevalent during US time zones. These sniper wallets typically sell their entire holdings in one or two transactions, resulting in a collective net profit of 15,000 SOL. This manipulation inflates token prices beyond their true value, using individual investors as "exit liquidity." The practice is considered detrimental to fair trading and market integrity on the platform. ```