pump.fun正在制作百万富翁，但与大多数用户的赔率相吻合。这个模因硬币赌场值得冒险吗？

Pump.fun: Millionaires Minted and Many More Burned?

泵：百万富翁被铸造出来，还有更多燃烧吗？

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区块链上，并承诺任何人都有机会发射自己的模因硬币并打动它丰富。尽管有些确实已经成为百万富翁，但仔细观察揭示了一场高风险的游戏，大多数球员最终都被烧毁了。

The Allure of Easy Coin Creation

简单硬币创造的魅力

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，启动加密货币是一项复杂的企业，需要编码技能，资本和营销专业知识。 pump.fun改变了这一切。单击几下，费用最低（2美元以下！），任何人都可以创建一个令牌。这种易用性促进了该平台的迅速升高，将其定位为模因硬币的“地面零”。

A Casino Where the House Usually Wins

房子通常获胜的赌场

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.

这些数字讲述了一个鲜明的故事。虽然Pump.Fun帮助创建了5.16亿美元的钱包，但只有一小部分用户实际上获利。惊人的58％的钱包损失了超过1,000美元，其中一些损失数百万！这是一个经典的幂律分布：很小的胜利很大，而绝大多数人流血缓慢。

Despite the Risks, Activity Soars

尽管有风险，活动仍会飙升

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.

尽管被烧毁的风险很高，但对泵的兴趣仍然很高。每日钱包的创作在2025年6月上旬猛增。Pump.Fun产生了可观的收入。顶级模因硬币在崩溃之前享受了短暂的荣耀。这表明，无论固有的风险如何，快速财富的魅力继续吸引用户进入平台。

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在粘结曲线模型上运行。该模型会自动调整价格，因为购买和出售令牌，以确保立即流动性。当代币达到一定的市值（约合69,000美元）时，泵就会自动将流动性沉积到分散的交换中，并燃烧LP令牌，从而降低了地毯拉力的风险。尽管此“毕业”过程增加了一层安全性，但模因硬币市场仍然固有地波动。

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.

$泵令牌发布的谣言已经浮出水面。评论家认为，考虑到泵的巨额收入，团队可能是盈利的举动。 Fump.Fun背后的团队进行假名，这引起了人们对透明度的关注。所有这些因素都导致了有关该平台长期生存能力和道德考虑因素的持续辩论。

The Legal Battle and Criticisms

法律斗争和批评

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目前正在面临诉讼，该诉讼声称其作为“泵和垃圾场”计划，实现了未注册的证券交易。评论家认为，该平台鼓励赌博和鲁ck的猜测。 Solidus Labs估计，平台上几乎所有令牌都具有泵和降低方案的特征。这描绘了平台整体完整性的图片。

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

最终想法：负责任地赌博（或者根本没有！）

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提供了一个有趣的，尽管有风险，但有机会潜入模因硬币的世界。尽管该平台已经使代币创建民主化，但必须记住，大多数用户最终会损失钱。因此，如果您正在考虑跳入泵。FUN赌场，请记住负责任地赌博。或者，您知道，也许只是坚持一点……爆炸性。