NON FART PAYROLLS
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JUNE 2025 REPORT
Date: June 21, 2025
Date: June 21, 2025
ACTUAL
25K
25K
FORECAST
???K
???K
PREVIOUS
23.7K
23.7K
π Overview
As of June 20, the Non-Fart labor force has added an estimated 25,013 new positions, reflecting early-cycle recovery following a muted May. While sector sentiment remains cautiously constructive, overall momentum has cooled amid infrastructure friction and seasonal slowdowns.
According to on-chain data, the broader meme economy now includes over 2 million active wallets, with ~764,000 wallets holding $10M+ in meme-based assets. This cohort forms the backbone of the meme-trading class currently driving Non-Fart economic output. However, month-over-month wallet growth has declined to just +1β2% in June, following a brief but disruptive restriction of Pump.fun β widely regarded as the Holy Mother of Memecoins β on the platform X (June 13β15). By contrast, May saw meme wallet growth between +3β5%, signaling a sharper drop in deployment appetite and narrative farming velocity. The total number of active traders stands at 1.24 million, with 77.9K classified as professional. Compared to May, this reflects a -1.15% drop in total trader activity, while the pro cohort rose +3.05%, reinforcing the split between high-frequency trenchers and short-term retail.
This cycleβs focal point shifted to $GOR, which briefly exploded on June 19 and lifted at least 1,500 wallets above the degen poverty line within 24 hours. Its short-term impact was intense, but largely isolated.
According to on-chain data, the broader meme economy now includes over 2 million active wallets, with ~764,000 wallets holding $10M+ in meme-based assets. This cohort forms the backbone of the meme-trading class currently driving Non-Fart economic output. However, month-over-month wallet growth has declined to just +1β2% in June, following a brief but disruptive restriction of Pump.fun β widely regarded as the Holy Mother of Memecoins β on the platform X (June 13β15). By contrast, May saw meme wallet growth between +3β5%, signaling a sharper drop in deployment appetite and narrative farming velocity. The total number of active traders stands at 1.24 million, with 77.9K classified as professional. Compared to May, this reflects a -1.15% drop in total trader activity, while the pro cohort rose +3.05%, reinforcing the split between high-frequency trenchers and short-term retail.
This cycleβs focal point shifted to $GOR, which briefly exploded on June 19 and lifted at least 1,500 wallets above the degen poverty line within 24 hours. Its short-term impact was intense, but largely isolated.

π Revised Data
May 2025 totals were revised downward from 147K β 137.2K, based on overprojections in NPC Support Services and now-disbanded Vibe Stability Index programs.
April 2025 was also adjusted slightly lower.
Combined, these revisions account for 21,300 fewer degens added than previously.
β οΈ Policy Outlook Juneβs Non-Fart economy was briefly shaken after Pump.fun was restricted on X for over 24 hours β including its creator Alon and several key community accounts.
The disruption caused temporary slowdowns in Rug Mining, Narrative Optimization, and Web4 Migration Logistics, as builders scrambled to reroute exposure. Although access was eventually restored, the event reignited broader concerns about centralized choke points in meme-sector infrastructure. Elsewhere, public tensions between Elon Musk and Donald Trump appear to have cooled. No direct market impact expected. Meanwhile, rumors persist of a Cabal-backed yield merger between Shadow DAO Strategy Bureau and the Federal Gas Reserve. No confirmation to date.
π§ Sacred Sector Omitted As with all prior reports, the Fart sector remains excluded from Non-Fart Payroll data due to its untouchable complexity and divine scope. Attempts to model its workforce or GDP have consistently collapsed under memetic recursion.
β οΈ Policy Outlook Juneβs Non-Fart economy was briefly shaken after Pump.fun was restricted on X for over 24 hours β including its creator Alon and several key community accounts.
The disruption caused temporary slowdowns in Rug Mining, Narrative Optimization, and Web4 Migration Logistics, as builders scrambled to reroute exposure. Although access was eventually restored, the event reignited broader concerns about centralized choke points in meme-sector infrastructure. Elsewhere, public tensions between Elon Musk and Donald Trump appear to have cooled. No direct market impact expected. Meanwhile, rumors persist of a Cabal-backed yield merger between Shadow DAO Strategy Bureau and the Federal Gas Reserve. No confirmation to date.
π§ Sacred Sector Omitted As with all prior reports, the Fart sector remains excluded from Non-Fart Payroll data due to its untouchable complexity and divine scope. Attempts to model its workforce or GDP have consistently collapsed under memetic recursion.
