ngl
IFFY

55 / 100

$PMUP

35fWL6…hTpump· Solana

ngl, not gonna lie

The pumpfun reverse-engineering repo is real, but the coin has no product and a launch bundle sold out.

The coin is about a public GitHub repo of Pump.fun reverse-engineering work, and the repo is real, active and large. It is also self-described as incomplete, with 0 of 4 core programs matching exactly, so the '90% done' talk is not shown. The coin has no product of its own. Seven launch-block wallets took 21% and sold it all, though the dev holds nothing and holders are spread out.

Ask the agent Watch

Checked 2 h ago

Red flags1

  • The '90% done' claim is not supported

    The README says whole-file identity is 0/4 core programs and gives no overall percentage. The repo calls itself incomplete.

    lalalune/pumpfun-source

Watch out4

  • The coin has no product or on-chain footprint

    The website is a GitHub page that never mentions $PMUP. No program or wallet of the project is named, and the agent found no launch or app flow to test.

    pagefirst screenscreenshot
  • A launch-block bundle took 21% and sold it

    Seven wallets bought 21% of supply in the launch block and have sold all of it. That is a risk, though they no longer hold any.

    launch2k6a…djvadKMj…2CTK6fAV…YwQ8
  • Some linked GitHub pages return 404

    Two linked GitHub profiles and a security page do not exist. They are likely generic links inside the repo page rather than project claims.

    pagepagepage
  • The X post is from a large account, but its link to the dev is unconfirmed

    @shawmakesmagic has 164K followers with no empty-account sample, but very low engagement for that size. Nothing shows the coin's dev wallet is tied to this account.

    @shawmakesmagic@shawmakesmagic@shawmakesmagic@shawmakesmagic

Checks out2

  • The repo is real and active

    lalalune/pumpfun-source has 308 commits, about 39K files and a push 9 minutes ago. It was created around the coin's launch and matches the research it describes.

    lalalune/pumpfun-source
  • Holders are fairly spread out and the dev holds nothing

    The top 10 wallets hold 22% and the largest holds 3.8%. The dev wallet holds no tokens, and creator fees go 100% to one wallet.

    3.8%2.8%2.7%2.5%

How ngl got here

What the call rests on

  • Product · Does it exist and work?

    There is a real, active repo, but the coin has no product and the reconstruction is self-described as incomplete.

  • Claims · Are its claims backed?

    The repo and the reverse-engineering work are backed, but the 90% completion claim is contradicted and the build claims are untested.

  • On chain · Holders, bundles, the dev wallet

    Holders are spread out and the dev holds nothing, but a 21% launch bundle was sold.

  • Team · X account, dev history, ngl’s memory

    The X account is a large, established one, but nothing links it to the coin's dev wallet and engagement is low.

ngl has seen this before

ngl has checked 208 coins. None of them shares this coin’s dev wallet, the wallet that funded it, its website, X account, Telegram or logo.

Ask the agent

Anything about $PMUP. ngl answers from this check, or goes back to the site and tries what you ask.

Hands-on tests

  • Couldn’t testOpen main product (Launch app)

    No Launch app control on this page

    What it did:
    Looked for a 'Launch' / 'Launch app' control on the page; clicked a link that timed out and checked the page HTML twice
    What the site showed:
    No element with 'Launch' on the page. The site is a GitHub repository page (lalalune/pumpfun-source), not the NGL-facing coin product
    Screenshot: No Launch app control on this page
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