Pump.fun Returns After Suspension—Can Solana Meme Coins Regain Momentum?
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- Pump.fun and founder Alon Cohen returned to X after a 24-hour unexplained suspension.
- Solana meme coins Trump, Fartcoin, and Bonk each hold market caps above $1 billion.
- Critics accuse Pump.fun of promoting scams and draining liquidity from legitimate projects.
One of the top Solana meme coin launchpads, Pump.fun has returned to X after a 24-hour suspension that put the community on edge. The revival of Pump.fun and its founder’s X accounts comes after the increased scrutiny of meme coins, with developers and investors raising concerns over the long-term sustainability of Solana’s meme ecosystem.
Solana Meme Coin Platforms Face Suspension and Backlash
The brief ban on the Pump.fun’s X account coincided with a broader crackdown on crypto-affiliated accounts. X suspended nearly 20 profiles, including several Solana-based projects. According to sources, the platform cited rule violations linked to bot activity and unauthorized API use as the reason for the suspensions. While Pump.fun and its founder, Alon Cohen, have returned, other accounts such as ElizaOS remain offline.
Pump.fun has not released an official statement about the suspension. Upon resto…
The post Pump.fun Returns After Suspension—Can Solana Meme Coins Regain Momentum? appeared first on Coin Edition.
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