According to an independent study, the majority of top traders on Pump.fun and PumpSwap are AI trading bots. 93 out of the top 100 accounts operate for more than 18 hours a day.
Even with nearly 800 accounts trading over 10 million USD, bots still account for the majority of the activity. However, some analysts still question the methodology of the study, wondering whether it mislabels human traders.
Is Pump.fun a hub for many trading bots?
Pump.fun, the famous memecoin launch platform, has recently become the center of attention. Following rumors about the launch of the PUMP token, the platform has confirmed this plan, creating immense excitement.
However, Adam_Tehc analyzed this high trading volume and stated that most traders on Pump.fun are trading bots integrated with AI technology.
Source: Adam_TehcSpecifically, Adam considers any Pump.fun account that operates more than 18 hours a day to be a trading bot. He asserts that filtering results is very difficult because some top traders work an average of 16 hours a day.
For example, the account Cupseyy has traded over 100 million USD on Pump.fun with a high level of activity. Others also report similar figures.
In the past few weeks, Pump.fun has been involved in several scandals. Solidus Labs reported that 98% of their listed tokens are scams and the activity of trading bots has become widespread.
In addition, most of the traders on Pump.fun are currently incurring losses, and this trend continues despite the upcoming airdrop.
The PUMP airdrop may be affected by the activity of bots on Pump.fun. Even if a few whale wallets have a significant impact, the activity of the bot system can shape the market, from the allocation of airdrops to the manipulation of trading volumes.
However, some prominent members of the community have criticized Adam's research methodology.
It is very difficult to make a definitive assessment for a number of reasons, including the fact that full-time memecoin traders tend to spend all day online.
What is considered an "active account" in this survey? Some users may use part-time trading bots in conjunction with online transactions. However, it seems that the bots are operating very actively on Pump.fun.
Vincent
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Nearly 90% of top traders on Pump.Fun could be AI trading bots.
According to an independent study, the majority of top traders on Pump.fun and PumpSwap are AI trading bots. 93 out of the top 100 accounts operate for more than 18 hours a day.
Even with nearly 800 accounts trading over 10 million USD, bots still account for the majority of the activity. However, some analysts still question the methodology of the study, wondering whether it mislabels human traders.
Is Pump.fun a hub for many trading bots?
Pump.fun, the famous memecoin launch platform, has recently become the center of attention. Following rumors about the launch of the PUMP token, the platform has confirmed this plan, creating immense excitement.
However, Adam_Tehc analyzed this high trading volume and stated that most traders on Pump.fun are trading bots integrated with AI technology.
For example, the account Cupseyy has traded over 100 million USD on Pump.fun with a high level of activity. Others also report similar figures.
In the past few weeks, Pump.fun has been involved in several scandals. Solidus Labs reported that 98% of their listed tokens are scams and the activity of trading bots has become widespread.
In addition, most of the traders on Pump.fun are currently incurring losses, and this trend continues despite the upcoming airdrop.
The PUMP airdrop may be affected by the activity of bots on Pump.fun. Even if a few whale wallets have a significant impact, the activity of the bot system can shape the market, from the allocation of airdrops to the manipulation of trading volumes.
However, some prominent members of the community have criticized Adam's research methodology.
It is very difficult to make a definitive assessment for a number of reasons, including the fact that full-time memecoin traders tend to spend all day online.
What is considered an "active account" in this survey? Some users may use part-time trading bots in conjunction with online transactions. However, it seems that the bots are operating very actively on Pump.fun.
Vincent