A recent independent study found that the majority of top traders on Pump.fun and PumpSwap are actually trading bots. Out of the top 100 accounts, 93 are active for over 18 hours daily. Despite nearly 800 non-bot accounts trading over $10 million each, bots still dominate the platform. Some analysts have raised concerns about the study's accuracy, suggesting that human traders may have been misidentified as bots. The popular meme coin launchpad, Pump.fun, has been in the spotlight recently with rumors of a PUMP token launch. However, analyst Adam_Tehc claims that most traders on Pump.fun are bots, defining them as accounts active for more than 18 hours daily. While some human traders also show high activity levels, the prevalence of bot trading on Pump.fun has raised eyebrows. The platform has faced scandals, with reports of scam tokens and high bot activity. Despite the upcoming airdrop, most traders on Pump.fun continue to lose money. The influence of bot trading on the market, especially during the airdrop, remains a concern. While some community members have criticized the study's methodology, the presence of bots on Pump.fun is undeniable. Read more AI-generated news on: https://app.chaingpt.org/news