Solana's Meme Coin Frenzy: 98% of Pump.fun Tokens Are Scams
A new investigation reveals that nearly every token created on Pump.fun has turned out to be a scam, exposing major risks in Solana's meme coin ecosystem.
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Ranges are the daily low and high from CoinPaprika's OHLC price history; the marker shows the current price.
| 1h | 24h | 7d | 30d | 1y | YTD | |
|---|---|---|---|---|---|---|
| vs USD | −0,1% | +4,5% | −9,0% | −18,7% | −12,0% | +118,3% |
| vs BTC | −0,2% | +2,4% | −6,8% | −16,6% | +21,4% | +135,7% |
| vs ETH | −0,1% | +2,1% | −5,2% | −7,7% | +47,9% | +174,6% |
Pump.fun is up 4.49% today on 24-hour volume of $47.07M, with buy-side order flow leading on the two deepest markets (CEX.IO and Kraken). Over the past 24 hours, PUMP is outperforming BTC by 2.40%, per CoinPaprika market data.
Generated from CoinPaprika order-book and volume data at 10:59 UTC - not opinion, not investment advice.
| # | Börs | Par | Pris | Djup −1 % | Djup +1 % | Volym 24 tim | Volym % | Tillförlitlighet | Type | Spread |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | PUMP/USDT | $0,00434588 | $561,24 tn | $422,21 tn | $15,42 mn | 32,76% | Hög | Spot | 0,02% | |
| 2 | PUMP/USDT | $0,00434188 | — | — | $12,18 mn | 25,88% | Ingen data | Derivatives | — | |
| 3 | SOL/PUMP | $0,00433973 | — | — | $4,20 mn | 8,93% | Ingen dataon-chain | Spot | — | |
| 4 | PUMP/USD | $0,00434 | $837,16 tn | $260,24 tn | $3,28 mn | 6,97% | Hög | Spot | 0,05% | |
| 5 | PUMP/USDC | $0,00433943 | — | — | $3,28 mn | 6,97% | Ingen data | Spot | — | |
| 6 | PUMP/USDT | $0,00434588 | $423,71 tn | $537,03 tn | $2,96 mn | 6,29% | Hög | Spot | 0,07% | |
| 7 | PUMP/USDC | $0,00434542 | $143,05 tn | $54,23 tn | $2,58 mn | 5,48% | Hög | Spot | 0,02% | |
| 8 | SOL/PUMP | $0,00434901 | — | — | $2,29 mn | 4,86% | Ingen dataon-chain | Spot | — | |
| 9 | PUMP/USDC | $0,00433692 | — | — | $1,70 mn | 3,61% | Ingen dataon-chain | Spot | — | |
| 10 | PUMP/USD | $0,004342 | $795,69 tn | $516,99 tn | $1,57 mn | 3,34% | Hög | Spot | 0,12% |
| Datum | Öppning | Högsta | Lägsta | Stängning | Volym | Marknadsvärde |
|---|---|---|---|---|---|---|
| $0,00427733 | $0,00436148 | $0,00409515 | $0,00435659 | $59,4 mn | $2,01 md | |
| $0,00423589 | $0,00440161 | $0,0041191 | $0,00427545 | $104,4 mn | $1,97 md | |
| $0,00431582 | $0,00438062 | $0,00414322 | $0,00423533 | $51,5 mn | $1,95 md | |
| $0,00429153 | $0,0043296 | $0,00406633 | $0,00431463 | $47,3 mn | $1,99 md | |
| $0,00455155 | $0,00467746 | $0,00424167 | $0,00429086 | $71,6 mn | $1,98 md | |
| $0,00512032 | $0,00520285 | $0,0045177 | $0,00455164 | $110,8 mn | $2,10 md | |
| $0,00487315 | $0,00521297 | $0,00469219 | $0,00511502 | $114,5 mn | $2,36 md |
A new investigation reveals that nearly every token created on Pump.fun has turned out to be a scam, exposing major risks in Solana's meme coin ecosystem.
Pump.fun is facing a class action lawsuit in New York, accused of selling unregistered securities and enabling risky meme coin trading without investor protections.
Burwick Law files a lawsuit against Pump.fun, alleging investor losses from failed meme coins, rug pulls, and questionable crypto projects.
Pump.fun introduces video tokenization, letting users create tokens tied to viral videos, raising concerns about copyright and NFT distinctions.
Tron’s SunPump is losing momentum as Solana’s Pump.fun outpaces it in token launches and revenue, signaling a shift in the meme coin launchpad battle.
Non-circulating is not the same as locked.
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Pump.fun price today: Pump.fun (PUMP), the decentralized finance (DeFi) token, is trading at $0.00434369 (+4.49% in 24h), ranked #52 with a $2.00B market cap and a Paprika Trust Score of 50/100 across 72 liquidity-verified markets.
Pump.fun (PUMP) is a platform designed for fostering community engagement through incentivized participation in various activities, often centered around gaming and cryptocurrency. As of Oct 28, 2026, it trades at $0.00434369 with a market cap of $2.00B, ranking #52 among tracked cryptocurrencies.
It aims to bring together users in a fun and rewarding environment. Source: CoinPaprika.com
The PUMP token is associated with decentralized finance (DeFi) applications, community-driven, meme-inspired speculation, and solana (sol) token, based on the tags CoinPaprika applies to Pump.fun.
CoinPaprika's price data for it begins on Feb 21, 2024 and it reached an all-time high of $0.00877656 on Sep 14, 2025.
The table below compares Pump.fun with the 3 most similar coins CoinPaprika tracks, using aggregated market-cap and rank data.
| Coin | Token | Market cap | Rank |
|---|---|---|---|
| Pump.fun | PUMP | $2.00B | #52 |
| Dogecoin | DOGE | $13.75B | #12 |
| Shiba Inu | SHIB | $2.94B | #42 |
| Pepe | PEPE | $2.08B | #50 |
Cryptocurrencies including PUMP are highly volatile: prices can move sharply in either direction within hours, and past performance is not a guide to future returns. PUMP is currently trading 50.55% below its all-time high of $0.00877656, reached on Sep 14, 2025.
Only an estimated 460.65B of the maximum 1.00T PUMP supply is currently in circulation, so further issuance could dilute existing holders. A meaningful share of PUMP's reported trading volume comes from lower-trust exchanges, so headline volume figures may overstate real, organic demand. This is not investment advice.
Årsintervall baserade på CoinPaprikas OHLCV-data - lägsta och högsta värde är de exakta noterade extremvärdena för respektive år.
| År | Lägsta | Högsta |
|---|---|---|
| 2025 | $0,00168389 | $0,00884389 |
| 2026 (hittills i år) | $0,00115449 | $0,00678879 |