Glossary

Survivorship bias

Also written or said as: survivor bias

Judging the odds by the winners you see, and forgetting the far larger number of losers you never hear about.

Your feed shows the trader who turned $100 into $100,000 and the coin that did 1,000x. It does not show the thousands of coins that died the same day, or the traders who lost. One count of pump.fun launches from November 2025 to October 2026 found that only about 1 in 58 even graduated from the bonding curve, so the winners you see are rare exceptions.