Pumpfun

[Kruukbtc]

Hello, I am interested in trying some meme trading, I understand it's very risky.
I find the pump.fun launchpad however many people around internet says it's 95% scam.
If anyone have any experience from pump.fun I would gladly read about it.

[TastyChillySauce00]

I even think it's 98% chance of getting scammed/rugpulled there. People call meme trading in that platform PVP for a reason. You basically fighting with other people to buy and then dump immediately when you make some profit.
Literally every second there are new meme tokens being deployed and 99% of them just straight up a rugpull or never bonded. I mean just see it yourself on the "new" section. Its a permissionless platform so even bad actor can just deploy their thing.

[hugeblack]

It's not a scam, but it facilitates the launching of memecoins with expertise and virtually no fees, so you'll find thousands of tokens created daily with no intrinsic value. So, if you want to launch your memecoin, it makes it easy, but it's the worst place to invest.

[Dr.Bitcoin_Strange]

The platform makes things easier for anyone to launch their tokens including scammers, they are launching memecoin that doesn't even have any use, the purpose is just market manipulation and exit scam. I won't trade there because the risk is high, it's better I take trades on centralized exchange than pump.fun.

[nemesis_incarnate]

You can get 15-20$ on it and see it yourself, it would be the best teacher for such activity.

Other than that - just avoid trading memes, no matter how lucrative it looks.