Pump.Fun Trading Dominated by Bots, Study Suggests
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Nearly 90% of top traders on meme coin launchpad Pump.Fun may be automated bots, according to an analysis by Adam_Tehc. Despite 785 human accounts trading over $10 million each, bots reportedly account for 93 of the top 100 wallets by volume.
The platform's trading activity has surged amid speculation about a potential PUMP token launch. Two human traders—@Cupseyy and @TheMisterFrog—reportedly exceeded $100 million in volume, though their 16-hour daily activity blurred bot detection thresholds.
Methodological questions linger as Pump.Fun faces growing scrutiny. The platform has recently been embroiled in controversies, with bot allegations compounding reputational challenges.
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