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How Meme Coin Snipers on Pump.fun Manipulate the Markets

According to a new report from Pine Analytics, token issuers on Pump.fun have been funding sniper wallets to systematically purchase their own meme coins. This has affected over 15,000 token launches on the platform.

These sniper wallets primarily operated during U.S. trading hours, executing unified and profitable strategies. The activities of unlinked bots obscure their behavior, making it extremely difficult to isolate these wallets—and they can easily adapt to new countermeasures.

The Snipers Roam Freely on Meme Coins on Pump.fun

Pump.fun has remained one of the most popular meme coin launch platforms on Solana despite ongoing controversy and other criticisms.$SOL #MemesNotSecurity #FederalReserveIndependence