Pump.fun Loses Money, Makes Only 3,061% Profit

Bittime - The latest data shows the majority of traders on Pump.fun experienced losses, with only 3,061% making profits. For more details, see this article!

Pump.fun Losing Money

The latest report from Shenzhen TechFlow News shows that users of the X arndxt platform released shocking trading data from the Pump.fun platform, showing that most traders experienced losses and only a handful made huge profits.

Only 3.061% Pump.fun Makes Profits

Published data shows that only 70 traders around 0.0028% of all platform users managed to make profits of more than 1 million US dollars. 

In addition, there were 11,936 traders, about 0.477% of the total traders who made profits of more than $10,000, but the number of traders who made profits of more than $1,000 reached 76,567, which was 3.061% of the total traders.

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The majority of users experience losses

It is surprising that only twenty percent of all traders on Pump.fun managed to make a profit, while eighty percent of them actually experienced losses. 

This raises concerns about the high level of risk faced by traders, especially those who are just learning about crypto trading.

Generation Z and Alpha Dominant Users

"Imagine what the market will be like in 5 years when these 'financial geniuses' get jobs," Arndxt said with humor, pointing out that most of Pump.fun's users are from generations Z and Alpha.

Concerns about the younger generation's ability to manage financial risks amidst high crypto market volatility are reflected in these comments.

Conclusion

This data shows the problems traders are facing on the Pump.fun platform. Apart from a few individuals who make huge profits, most users experience huge losses. 

If someone wants to start trading crypto, it is important for them to understand the risks involved and consider appropriate risk management measures.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.