Despite a sharp decline in Solana memecoin trading, a Pump.fun trader has secured $40M in profit.
A Pump.fun wallet has made nearly $40 million, even as Solana’s memecoin volume continues to decline.
Market data shows a sharp drop in memecoin capitalization, with major tokens like TRUMP losing billions in value.
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The Solana [SOL] memecoin market has cooled off, but one trader on Pump.fun has still managed to secure nearly $40 million in profit.
According to Dune Analytics, this comes even as trading volume declines across both Solana-based memecoins and Pump.fun itself.