Shocking Report Finds 98% of Pump.fun Tokens Are Rug Pulls or Scams

A new investigation by crypto surveillance firm Solidus Labs has unveiled alarming levels of fraud on the Solana blockchain, particularly tied to the popular token-launch platform Pump.fun. According to the report, 98.6% of tokens created on Pump.fun are classified as rug pulls or pump-and-dump scams, raising major concerns about investor safety in the memecoin ecosystem. […]