Pump.Fun resumes Livestream feature
On April 5, Pump.Fun – the memecoin creation platform on Solana –
reactivated its livestream service for 5% of its users, introducing a new
content moderation policy. The goal is to restore community trust and
support the recovery of Solana’s memecoin ecosystem.
Pump.Fun relaunches with 5% user activation
After a five-month hiatus, Pump.Fun has restarted its livestream feature
with stricter moderation guidelines, initially rolling out to 5% of users.
Co-founder Alon Cohen emphasized the importance of balancing creativity and
safety, aiming to prevent controversial content as seen previously.
This move seeks to rebuild confidence and encourage memecoin activity on
Solana. However, some users and analysts remain skeptical about the
effectiveness of the new policies, arguing the platform may still pose risks
for developers.
Currently, Solana is trading at $120.11 with a market cap of approximately
$61.81 billion. Despite a sharp 67.62% drop in trading volume, Total Value
Locked (TVL) and user engagement levels remain stable.
The Coincu team believes Pump.Fun’s updated moderation policies will
directly impact memecoin activities on Solana, highlighting the ongoing
challenge between safety and freedom of expression.
Alon Cohen, co-founder of Pump.Fun, confirmed that the livestream feature
is now live for 5% of users with industry-standard moderation systems and
transparent community guidelines.
Market impact and future implications
Solana’s current price is $120.11, with a market cap of $61.81 billion and a
trading volume of $1.66 billion—down 67.62%. The price has dropped 1.55% in
the last 24 hours and 43.47% over the past 90 days.
Countinue Reading »
