An encryption merchant known as “MNHB” has won more than $ 840,000 by launching 17,794 MEME SOLANA coins in the pump. FUN in just three months.
Instead of focusing on creating strong projects, the developer follows a quantity approach on quality, launching hundreds of new tokens daily, especially in Solana, and charges the initial exaggeration before most of them are extinguished.
This strategy can be profitable for them, but dilutes liquidity and floods the market with low quality tokens, which makes legitimate projects prosper. In the long run, this only weakens the cryptographic space.
The new meme curing money manufacturing method.
Pump.Fun makes meme coins launch in Solana effortlessly, allowing anyone to create tokens for free with only a few clicks. If a token reaches a market capitalization of $ 100,000, it graduates and can be negotiated outside the platform, rewarding the creator with 0.5 sun ($ 115).
MNHB spams the platform, throwing tokens in bulk and throwing them in seconds or minutes to block the profits before they block. Over time, these fast releases (75 sun / $ 17,247 in total) have become a highly profitable strategy.
There is a type responsible for ~ 18k tokens created in Pumpfun
It seems that they wake up and create on average ~ a dozen chips per hour until they go to bed, and then they do it again every day. They have done this for months pic.twitter.com/3WDUFEWVPH
– Conor (@jconorgrogan) January 29, 2025
However, the strategy is not perfect. In Rapid Response (RR), the merchant sold too early, blocking only $ 25 of profit, just to see the currency triggers a market capitalization of $ 7.3 million, a lost opportunity for more than $ 500,000.
Meme’s change is no longer about finding the next great success, it is about creating as many chips as possible and charging before they faded. Dune data show that more than 100 wallets have launched more than 1,300 tokens in the pump.
The second and third most active merchant won $ 430,200 and $ 482,300, demonstrating that this is not a unique success.
The problem with the quantity about quality: Memes’s currency market is saturated
The meme coin game has changed. Instead of turning existing tokens, merchants are now mass producing coins, knowing that most will fail, but some will generate great returns. This high volume and high speed approach is now an important trend in meme coins, for better or worse.
You can check the account yourself: almost a new release every minute! Despite launching hundreds of tokens a day, Fun.fun co -founder, Alon, suggests that MNHB is probably a human merchant, not a bot.
While tokens launches can be automated, their profits follows the exaggeration cycles, indicating that someone is making decisions manually.
The market is saturated with Solana Memes coins, and we have witnessed how rapid rotations to “publicized” names can lead to large losses for some merchants.
Explore: Was everything for Ethereum: Solana dominates since ETH/BTC has minimums of 3 years?
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