🚨 RETAIL: "We're going to get rich on Solana."
PumpFun: "Thanks for the liquidity."
Since May 2024:
↳ $760M worth of SOL sold into the market
↳ $1.15B generated in net platform profit
↳ $1.3B raised through its ICO
↳ $370M worth of tokens burned instead of distributed via community airdrops
That's nearly $3 BILLION extracted from the ecosystem.
While retail traders chased the next 100x meme coin...
The real winners were collecting fees, selling supply, and cashing checks.
Crypto often looks like a gold rush.
But the biggest fortunes are usually made by the people selling the shovels.
The question every Solana trader should ask:
Who is actually making money from the casino?