98% of Tokens on Pump.Fun Have Been Rug Pulls or an Act of Fraud, New Report Says

A report by Solidus Labs has revealed the alarming scale of fraudulent activity on the Solana blockchain, with 98.6% of tokens launched on Pump.fun being chalked down as rug pulls or pump-and-dump schemes.More than seven million tokens have been issued on Pump source: https://www.coindesk.com/business/2025/05/07/98-of-tokens-on-pump-fun-have-been-rug-pulls-or-an-act-of-fraud-new-report-says