Solana Memecoin Scam Alert: 15,000+ Tokens Manipulated by Sneaky Bots

Breaking news, folks! According to a *very reliable* Pine Analytics report, over 15,000 Solana memecoins launched on Pump.fun have been totally played by those sneaky sniper wallets. These wallets are like the villains in a heist movie—automated, fast, and ruthless, buying tokens the second they go live and flipping them for quick profit. How cute!

But wait, there’s a twist! The token deployers are in on the action, secretly funding and pre-alerting these bots to create a fake sense of demand. It’s basically like they’re throwing a party and telling the bots, “Hey, act like it’s the best party ever, and get the humans to show up!”

The Devious Plan Unfolds

So here’s how it all goes down: those pesky sniper wallets—usually designed to snag fresh listings—are being used by the deployers themselves. Deployers are apparently pre-loading these bots so they can buy and sell faster than you can say “pump and dump.” The result? A fake, massive demand spike that’s basically a trap for retail investors.

The goal? Trigger FOMO (fear of missing out) among regular traders, and then—bam!—exit with quick profits, leaving everyone else holding onto useless tokens. Classic.

Let’s Talk Numbers (Because We Love Drama)

In just 30 days, here’s the chaos that unfolded:

15,000+ token launches affected — surprise, surprise!
10,400+ deployers getting in on the action — they’ve got a *team*, apparently.
4,600+ sniper wallets doing the dirty work — bots gone wild.
87% of sniper wallets made a profit — it’s a *highly* successful scheme, folks.
Over 15,000 SOL pocketed — because why not make a few extra coins while everyone’s distracted?

The real kicker? At least 50% of all memecoin launches on Pump.fun involve some form of sniping. Can you even?

Is This the End of Solana Memecoins?

This whole market manipulation thing? Yeah, it’s hitting those poor retail investors the hardest. They see the hype, buy in, and then—surprise!—the prices tank faster than a bad date.

Experts are sounding the alarm, saying that if this doesn’t stop, it’s going to destroy trust in Pump.fun and basically make the whole Solana memecoin scene look like a dumpster fire.

Why Can’t We Stop It? (Besides The Fact That It’s Super Annoying)

One of the reasons this is so hard to fix? These sniper wallets are sneaky little things. They look just like normal trading bots, and many of them cover their tracks by using proxy wallets and burner addresses. So finding the bad guys is like trying to find a needle in a haystack made of needles. Good luck, everyone!

Also Read: Altcoin Season to Hit in Q3? Korean Crypto Survey Points to Rally

How to Stop This Madness

According to the report (you know, the one that’s really spilling the tea), Pump.fun needs to step up its game:

Deploy detection tools for suspicious trading behavior. Like, seriously.
Flag known sniper wallet patterns—make the bots famous for all the wrong reasons.
Encourage a shift toward transparency—because honesty is always the best policy, right?

Bottom line: without stronger safeguards, this whole mess will just keep spiraling. Pine Analytics says it best—if they don’t clean up their act, these manipulative practices will keep wrecking Solana memecoin launches like a bad reality show.

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2025-04-22 09:47