Traders are disillusioned with the ultra slim chances of picking a memecoin winner.
The odds of finding a successful memecoin to invest in on the token launch platform Pump.fun is lower than placing a winning bet in the casino.
Experienced traders employ strategies to attempt to lower those odds and improve their chances, but recent social media activity suggests there is growing discontent among the ranks of degens as increasingly few investments turn a profit.
One X user even described Pump.fun as “the worst casino on Earth.”