A crypto trader known as “MNhB” has made over $840,000 by launching 17,794 Solana meme coins on Pump.fun in just three months.
Instead of focusing on creating strong projects, the developer follows a quantity-over-quality approach, launching hundreds of new tokens daily, especially on Solana, and cashing in on the initial hype before most of them die out.
This strategy may be profitable for them, but it dilutes liquidity and floods the market with low-quality tokens, making it harder for legitimate projects to thrive. In the long run, this only weakens the crypto space.
The New Meme Coin Money-Making Method With Pump.Fun
Pump.fun makes launching meme coins on Solana effortless, letting anyone create tokens for free with just a few clicks. If a token hits a $100,000 market cap, it “graduates” and can be traded outside the platform, rewarding the creator with 0.5 SOL ($115).
MNhB spams the platform, launching tokens in bulk and dumping them within seconds or minutes to lock in profits before they crash. Over time, these quick flips (75 SOL / $17,247 total) have turned into a highly profitable strategy.
There is one guy responsible for ~18k tokens created on PumpFun
It appears they wake up and create on average ~a dozen of tokens an hour until they go to bed, and then do it again, every day. They’ve done this for months pic.twitter.com/3WdUFewVPh
— Conor (@jconorgrogan) January 29, 2025
However, the strategy isn’t perfect. On Rapid Response (RR), the trader sold too early, locking in just $25 profit, only to watch the coin soar to a $7.3 million market cap—a missed opportunity worth over $500,000.
Meme coin flipping is no longer about finding the next big hit—it’s about creating as many tokens as possible and cashing in before they fade. Data from Dune shows over 100 wallets have launched over 1,300 tokens on Pump.fun.
The second and third most active traders made $430,200 and $482,300, proving this isn’t a one-time success.
The Problem With Quantity Over Quality – The Meme Coin Market Is Saturated
The meme coin game has changed. Instead of flipping existing tokens, traders are now mass-producing coins, knowing most will fail, but a few will generate big returns. This high-volume, high-speed approach is now a major trend in meme coin trading—for better or worse.
You can check the account yourself: nearly a new launch every minute! Despite launching hundreds of tokens a day, Pump.fun’s co-founder Alon suggests MNhB is likely a human trader, not a bot.
While the token launches may be automated, their profit-taking follows hype cycles, indicating someone is manually making decisions.
The market is getting saturated with Solana meme coins, and we have witnessed how quick rotations to “hyped” names can lead to huge losses for some traders.
EXPLORE: Is It All Over For Ethereum: Solana Dominates As ETH/BTC Hits 3 Year Lows
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The post Pump.fun Meme Coin Factory: Trader Made $840K by Launching 17,000 Tokens in 3 Months appeared first on 99Bitcoins.
