after trading on mayhem mode for some time
it is clear that this is a full on extraction by pumpfun
there is a "bot" that just spawns in tokens with the sol address of Gygj9QQby4j2jryqyqBHvLP7ctv2SaANgh4sCb69BUpA
https://solscan.io/account/Gygj9QQby4j2jryqyqBHvLP...
currently holding $944,665 in solana that it has extracted just today, where on charts it nukes the entire thing to 0 leaving traders unable to sell by taking all of the available liquidity from the token
this is the pumpfun petition
the union for traders and our stand against the extractive behaviors of the company we made
straight up theft. i lost so much on these tokens just for the liquidity to vanish instantly. pumpfun needs to address this bot now before nobody uses the platform anymore