Pump.Fun Meme硬币发射器系统资助的狙击钱包购买自己的硬币，影响了15,000个令牌发射

根据Pine Analytics的一份新报告，泵的代币部署有系统地资助的狙击钱包购买自己的模因硬币。这影响了15,000多个令牌发布。

A new report from Pine Analytics has revealed that token deployers on Pump.fun are systematically funding sniper wallets to buy their own meme coins, impacting over 15,000 token launches on the platform.

Pine Analytics的一份新报告显示，泵的令牌部署者是系统地资助狙击钱包来购买自己的模因硬币，影响了平台上的15,000多个令牌发射。

These sniper wallets, which operate primarily during US trading hours, execute standardized, profitable strategies and have an extremely high success rate. Unrelated bot activity serves to obscure the behavior of these wallets, which can readily adapt to new countermeasures.

这些狙击钱包主要在美国交易时间内运行，执行标准化，有利可图的策略，并具有很高的成功率。无关的机器人活动掩盖了这些钱包的行为，可以很容易地适应新的对策。

As one of the most popular meme coin launchpads on Solana, Pump.fun has remained a hot topic of discussion despite persistent controversies and other criticism.

作为Solana上最受欢迎的模因硬币发射台之一，尽管存在持续的争议和其他批评，但pump.fun仍然是讨论的热门话题。

However, Pine Analytics’ new report has uncovered a new controversy, discovering systematic market manipulation on the platform. These snipes include as much as 1.75% of all launch activity on Pump.fun.

但是，Pine Analytics的新报告发现了一个新的争议，发现了该平台上的系统性市场操纵。这些狙击中的所有发射活动中的1.75％。

“Our analysis reveals that this tactic is not rare or fringe — over the past month alone, more than 15,000 SOL in realized profit was extracted through this method, across 15,000+ launches involving 4,600+ sniper wallets and 10,400+ deployers. These wallets demonstrate unusually high success rates (87% of snipes were profitable), clean exits, and structured operational patterns,” it claimed.

“我们的分析表明，这种策略并不罕见或边缘 - 仅在过去的一个月中，通过这种方法提取了15,000多个实现的利润，涉及15,000多个涉及4,600多个狙击钱包和10,400多个部署者。这些钱包表现出异常高的成功率（狙击的87％是可有利的），清洁的exits和结构性的操作性索赔。

Solana meme coin deployers on Pump.fun follow a consistent pattern. They fund one or more sniper wallets and grant them advance notice of upcoming token launches.

泵的索拉纳模因硬币部署者。FUN遵循一致的模式。他们为一个或多个狙击钱包提供资金，并向他们提前通知即将发布的令牌发布会。

Those wallets purchase tokens in the very first block and then liquidate almost immediately—85% within five minutes and 90% in just one or two swap events.

这些钱包在第一个街区购买代币，然后几乎立即清算，在五分钟内，只有一个或两个交换事件中的90％。

Pump.fun meme coin developers exploit this tactic to create the appearance of immediate demand for their tokens. Retail investors, unaware of the prior sell‑off, often purchase these tokens after the snipe, giving developers an unfair advantage. This constitutes market manipulation and erodes trust in the platform.

Pump.Fun Meme Coin开发人员利用这种策略来创造对其令牌的直接需求。散户投资者不知道先前的卖出，经常在狙击之后购买这些令牌，从而使开发商具有不公平的优势。这构成了市场操纵并侵蚀了平台的信任。

Pine Analytics had to carefully calibrate its methods to identify genuine snipers. Apparently, 50% of meme coin launches on Pump.fun involve sniping, but most of this is probably bots using the “spray and pray” method.

Pine Analytics必须仔细校准其方法以识别真正的狙击手。显然，50％的模因硬币在泵上发射。FUN涉及狙击，但其中大多数可能是使用“喷雾和祈祷”方法的机器人。

However, by filtering out snipers with no direct links to developer wallets, the firm missed projects that covered their tracks through proxies and burners.

但是，通过过滤狙击手没有与开发人员钱包的直接链接的狙击手，该公司错过了通过代理和燃烧器覆盖其轨道的项目。

In other words, the meme coin community does not have adequate defenses against systematic abuse on Pump.fun. There are a few possible ways that the platform could flag repeat offenders and sketchy projects, but adaptive countermeasures could defeat them. This problem demands persistent and proactive action.

换句话说，模因硬币社区没有足够的防御能力来防止对泵的系统滥用。该平台有几种可能的方法可以标记重复的罪犯和粗略的项目，但是自适应对策可能会击败它们。这个问题需要持续和主动的行动。

Unfortunately, it may be difficult to enact such policies. Meme coin sniping is so systematic on Pump.fun that it would only stop if the platform really wanted it to.

不幸的是，制定此类政策可能很难。模因硬币狙击在泵上是如此的系统性，以至于只有在平台真正想要它的情况下，它才会停止。

Analysts think that building an on-chain culture that rewards transparency over extraction is the best long-term solution. A shift like that would be truly seismic, and the meme coin sector might not survive it.

分析人士认为，建立一种链接文化，使透明度对提取是最佳的长期解决方案。这样的转变将是真正的地震，而模因硬币部门可能无法生存。