pump.fun正在製作百萬富翁，但與大多數用戶的賠率相吻合。這個模因硬幣賭場值得冒險嗎？

Pump.fun: Millionaires Minted and Many More Burned?

泵：百萬富翁被鑄造出來，還有更多燃燒嗎？

Pump.fun has exploded onto the Solana blockchain, promising anyone the chance to launch their own meme coin and strike it rich. While some have indeed become millionaires, a closer look reveals a high-stakes game where most players end up burned.

Pump.Fun已爆炸到Solana區塊鏈上，並承諾任何人都有機會發射自己的模因硬幣並打動它豐富。儘管有些確實已經成為百萬富翁，但仔細觀察揭示了一場高風險的遊戲，大多數球員最終都被燒毀了。

The Allure of Easy Coin Creation

簡單硬幣創造的魅力

Before Pump.fun, launching a cryptocurrency was a complex undertaking, requiring coding skills, capital, and marketing expertise. Pump.fun changed all that. With a few clicks and a minimal fee (under $2!), anyone can create a token. This ease of use has fueled the platform's meteoric rise, positioning it as “ground zero” for meme coins.

在pump.fun之前，啟動加密貨幣是一項複雜的企業，需要編碼技能，資本和營銷專業知識。 pump.fun改變了這一切。單擊幾下，費用最低（2美元以下！），任何人都可以創建一個令牌。這種易用性促進了該平台的迅速升高，將其定位為模因硬幣的“地面零”。

A Casino Where the House Usually Wins

房子通常獲勝的賭場

The numbers tell a stark story. While Pump.fun has helped create 516 millionaire wallets, only a small fraction of users actually profit. A staggering 58% of wallets have lost over $1,000, with some losing millions! It's a classic power-law distribution: a tiny percentage wins big, while the vast majority bleed slowly.

這些數字講述了一個鮮明的故事。雖然Pump.Fun幫助創建了5.16億美元的錢包，但只有一小部分用戶實際上獲利。驚人的58％的錢包損失了超過1,000美元，其中一些損失數百萬！這是一個經典的冪律分佈：很小的勝利很大，而絕大多數人流血緩慢。

Despite the Risks, Activity Soars

儘管有風險，活動仍會飆升

Despite the high risk of getting burned, interest in Pump.fun remains high. Daily wallet creation skyrocketed in early June 2025. Pump.fun has generated significant revenue. Top meme coins have enjoyed brief moments of glory before crashing. This suggests that the allure of quick riches continues to draw users to the platform, regardless of the inherent risks.

儘管被燒毀的風險很高，但對泵的興趣仍然很高。每日錢包的創作在2025年6月上旬猛增。 Pump.Fun產生了可觀的收入。頂級模因硬幣在崩潰之前享受了短暫的榮耀。這表明，無論固有的風險如何，快速財富的魅力繼續吸引用戶進入平台。

The Pump.fun Model: How It Works

泵。模型：它的工作原理

Pump.fun operates on a bonding curve model. This model automatically adjusts prices as tokens are bought and sold, ensuring immediate liquidity. When a token reaches a certain market cap (around $69,000), Pump.fun automatically deposits liquidity into a decentralized exchange and burns the LP tokens, reducing the risk of rug pulls. While this "graduation" process adds a layer of security, the meme coin market remains inherently volatile.

泵。 FUN在粘結曲線模型上運行。該模型會自動調整價格，因為購買和出售令牌，以確保立即流動性。當代幣達到一定的市值（約合69,000美元）時，泵就會自動將流動性沉積到分散的交換中，並燃燒LP令牌，從而降低了地毯拉力的風險。儘管此“畢業”過程增加了一層安全性，但模因硬幣市場仍然固有地波動。

Pump.fun Coin (PUMP) Rumors and Controversy

泵。

Rumors of a $PUMP token launch have surfaced. Critics argue that it could be a profit-taking move by the team, considering Pump.fun’s massive revenue. The team behind Pump.fun operates pseudonymously, which raises concerns about transparency. All these factors contribute to the ongoing debate about the platform's long-term viability and ethical considerations.

$泵令牌發布的謠言已經浮出水面。評論家認為，考慮到泵的巨額收入，團隊可能是盈利的舉動。 Fump.Fun背後的團隊進行假名，這引起了人們對透明度的關注。所有這些因素都導致了有關該平台長期生存能力和道德考慮因素的持續辯論。

The Legal Battle and Criticisms

法律鬥爭和批評

Pump.fun is currently facing a lawsuit alleging that it operates as a “pump and dump” scheme, enabling unregistered securities trading. Critics argue that the platform encourages gambling and reckless speculation. Solidus Labs estimates that nearly all tokens on the platform exhibit characteristics of pump-and-dump schemes. This paints a concerning picture of the platform's overall integrity.

Pump.Fun目前正在面臨訴訟，該訴訟聲稱其作為“泵和垃圾場”計劃，實現了未註冊的證券交易。評論家認為，該平台鼓勵賭博和魯ck的猜測。 Solidus Labs估計，平台上幾乎所有令牌都具有泵和降低方案的特徵。這描繪了平台整體完整性的圖片。

Final Thoughts: Gamble Responsibly (or Maybe Not At All!)

最終想法：負責任地賭博（或者根本沒有！）

Pump.fun offers an intriguing, albeit risky, opportunity to dive into the world of meme coins. While the platform has democratized token creation, it's essential to remember that most users end up losing money. So, if you're thinking about jumping into the Pump.fun casino, remember to gamble responsibly. Or, you know, maybe just stick to something a little less… explosive.

Pump.Fun提供了一個有趣的，儘管有風險，但有機會潛入模因硬幣的世界。儘管該平台已經使代幣創建民主化，但必須記住，大多數用戶最終會損失錢。因此，如果您正在考慮跳入泵。 FUN賭場，請記住負責任地賭博。或者，您知道，也許只是堅持一點……爆炸性。