Analysis: 75% of traders lose money in stock-denominated meme coin market

A 31-day analysis of 43.3 million transactions across five launchpads reveals that nearly 75% of traders lost money, with total net losses reaching approximately $287 million. The study found that the only consistently profitable window for traders was within the first 10 seconds of a token's launch. The rise of custom pairs on platforms like Pump.fun, which allow meme coins to be priced in tokenized stocks like Nvidia or Tesla, has seen meme coins capture 40% of on-chain trading volume for these assets.