๐ Most of Pump.funโs top wallets arenโt real users โ theyโre bots.
Crypto sleuth Adam revealed that 93 of the top 100 wallets on Pump.fun and PumpSwap are behaving like bots, not people. These wallets are online nearly 24/7, trading thousands of tokens with hyper-optimized behavior โ far beyond what any human could do.
๐ค Why This Matters for Airdrops & Rewards
Adamโs discovery raises serious concerns for upcoming rewards โ especially the rumored PUMP airdrop.
If bots dominate the leaderboard, will real users be excluded from meaningful rewards?
To fix this, Adam says bot filters are being tested โ potentially to clean up the leaderboard before any airdrop snapshot.
But again:
โSomeone, somewhere who knows someone and something confirmed a PUMP airdrop,โ
โ says Adam. So nothing is officially confirmed yet.
๐ฐ Real Activity Still Exists โ But Itโs Hidden Below Bots
Despite the dominance of bots, real traders have achieved big numbers:
@Cupseyy & @TheMisterFrog each traded over $100M
785 wallets crossed $10M
12,000+ wallets crossed $1M
Over 121,000 wallets passed $100K in volume
3.7 million wallets traded $1K or more
But most of these arenโt in the top 100 โ which is why the problem matters.
๐ Pump.funโs Booming โ But Is It Real Growth?
Earns $2.13M/day in fees
Ranks in top 5 Solana revenue platforms
PumpSwap hit $73M daily volume recently
But 99.1% of tokens never succeed โ they stay in the โlaunchโ phase
This means most of the volume and launches may just be bot churn, not real community engagement.
๐จ Whatโs Next? Airdrop, Token Launch, and Uncertainty
Pump.fun is reportedly planning a native token launch, aiming for a $1B raise at a $4B valuation.
But the token isnโt out yet โ and it's unclear how the bot problem will affect rewards, tokenomics, or long-term trust.
โ
Bottom Line:
Adamโs research doesnโt say Pump.fun is a scam โ but it shows how bot-dominated the leaderboard really is.
If you're a real user farming for rewards, keep your expectations realistic and watch for upcoming bot filters or eligibility rules.
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