Solana Meme Coin Launchpad Pump.Fun Drops Livestreaming Amid Backlash
Pump.fun, a leading Solana-based token launchpad, has disabled its livestreaming feature following concerns over inappropriate content being broadcasted. Users expressed outrage as streams included instances of animal cruelty and discussions of self-harm. In response, the Pump.fun team announced that the livestreaming functionality would be paused indefinitely until adequate moderation systems are established. The co-founder acknowledged the importance of free speech but emphasized the need to protect users from harmful content. Despite these challenges, Pump.fun remains a dominant platform, facilitating the creation of over 50,000 meme coins daily, significantly contributing to the popularity of meme coins in 2024.
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