This token creator made over $5m launching hundreds of memecoins a day
A creator has earned over $5 million between two wallets by launching memecoins, according to data from the trading bot Axiom. Mainly utilising pump.fun and bonk.fun, they launch hundreds of tokens a day, according to data compiled by pseudonymous analyst adam_tehc.
The identity of the person or group controlling the wallets is unknown. But transfers between the wallets suggest they are run by the same person or group.
The market value of memecoins has fallen about 45% from its December peak and currently sits at about $69 billion, according to CoinMarketCap.
This launching spree comes at a time when memecoin launchpads like pump.fun have changed the landscape, making it easier than ever to create tokens. As a result, the total number of crypto tokens grew 35% in 2025 to over 45 million, according to one estimate.
Memecoin launchpads made it possible for anyone to create a token, and many did so in hopes of launching the next blockbuster. But some users are taking a different approach by mass launching tokens without even attempting to prop up the token's price through marketing or other forms of outreach.
One user has been particularly successful with this strategy, earning thousands of dollars a day since starting in January.
Their strategy is consistent. They create a token and spend five to 10 Solana buying the token right after it launches. Within minutes, they sell.
While not every launch results in a profitable trade, this creator still manages to make consistent gains. Since starting, they have made a profit every single day, only taking one day off in March.
Between the two wallets, the creator has made over 100,000 transactions. Given the frequency of transactions, some may assume they are the work of a trading bot or software program. However, data compiled by adam_tehc reveals a lull period during certain times of the day, which suggests that this activity is being performed manually by an individual or group.
The creator launched the majority of their tokens on pump.fun. But once bonk.fun overtook the former as the dominant memecoin launchpad in early July, the creator started launching almost entirely on that platform.
Then they switched again.
As sentiment around the two projects shifted and pump.fun regained its market dominance this week, the creator started launching the majority of their tokens on pump.fun.
Zachary Rampone is a DeFi correspondent at DL News. Have a tip? Contact him at zrampone@dlnews.com.
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