• Latest
  • Trending
End of The Ride? Pump.fun’s Memecoin Platform Launches are Down 80%

PumpFun Faces Scrutiny as X Suspends Official and Founder Accounts

June 16, 2025
SIGN price soars 11% as Sign Foundation completes $12M token buyback

SIGN price soars 11% as Sign Foundation completes $12M token buyback

August 13, 2025
USELESS is available for trading!

USELESS is available for trading!

August 13, 2025
NEAR Displays Robust Bullish Trajectory Backed by Substantial Volume Activity

NEAR Displays Robust Bullish Trajectory Backed by Substantial Volume Activity

August 13, 2025
Cardano Hits 15B ADA Locked by Long-Term Holders, Breakout Imminent

Cardano Hits 15B ADA Locked by Long-Term Holders, Breakout Imminent

August 13, 2025
Kaspa Consolidation, Dogecoin Price Fall, BlockDAG’s Presale Nears $373M

Kaspa Consolidation, Dogecoin Price Fall, BlockDAG’s Presale Nears $373M

August 13, 2025
Ethereum 30-Day Netflow Average Deepens Negative: Buyers Dominate Market

Ethereum 30-Day Netflow Average Deepens Negative: Buyers Dominate Market

August 13, 2025
Ethereum Should Limit Transparency For A Fairer Blockchain

Ethereum Should Limit Transparency For A Fairer Blockchain

August 13, 2025
Shiba Inu (SHIB) Resurrection Possible After 30% New Wallet Inflow

Shiba Inu (SHIB) Resurrection Possible After 30% New Wallet Inflow

August 13, 2025
Ethena price rises towards $1 as TVL tops $10B as Golden Cross forms

Ethena price rises towards $1 as TVL tops $10B as Golden Cross forms

August 13, 2025
  • Privacy Policy
Wednesday, August 13, 2025
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Logo
No Result
View All Result
Home Crypto Technical Analysis

PumpFun Faces Scrutiny as X Suspends Official and Founder Accounts

J_News by J_News
June 16, 2025
in Crypto Technical Analysis, Top News
0
End of The Ride? Pump.fun’s Memecoin Platform Launches are Down 80%
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


TLDR

  • PumpFun’s official X account was suddenly suspended without any public explanation.
  • The founder’s personal X account was also suspended shortly after a controversial post.
  • The platform gained popularity by allowing users to create and trade meme tokens quickly.
  • Some users began calling PumpFun the slot machine of DeFi due to rapid token price swings.
  • There are unconfirmed reports about a new AutoRug feature that could auto-launch and close meme tokens.

The official X account of meme coin platform PumpFun has been suspended without warning, creating uncertainty across the crypto community. The suspension occurred at a critical time as the platform experienced rapid growth and high user activity. Meanwhile, the founder’s personal account was also taken down shortly after a controversial post.

This incident has triggered widespread speculation, though neither the platform nor X has released a public explanation. PumpFun remains active through its website and alternative social channels, but the impact on user engagement is unknown. As the suspension continues, traders are questioning the platform’s future visibility and reach.

The situation has emerged during a period of heightened scrutiny around decentralized finance tools and meme-based assets. PumpFun’s recent trajectory may have drawn attention from multiple parties, including social media moderators and regulatory observers. The lack of official clarification has only deepened the confusion.

Platform Under Scrutiny Amid Growing Popularity

PumpFun has gained significant traction for enabling users to launch and trade meme tokens instantly. Many users have experienced sharp token price fluctuations shortly after launch, drawing attention to its mechanics. Critics have described the process as resembling gambling, linking it to unpredictable outcomes.

JUST IN: X suspends crypto meme coin platform Pump․fun pic.twitter.com/TDKQpxLuie

— Watcher.Guru (@WatcherGuru) June 16, 2025

The platform’s simplicity has made it attractive to speculative traders, increasing daily volume and user participation. However, the emergence of short-lived tokens with quick gains followed by price crashes has raised concerns. As a result, some community members began referring to it as a digital “slot machine.”

This nickname appears to have sparked concern among observers and may have contributed to platform scrutiny. Reports suggest increased attention from both the crypto community and oversight bodies. The timing of the suspension aligns with a period of rapid platform evolution and user-driven volatility.



AutoRug Rumors and Liquidity Questions Spark Alarm

Claims about a new feature called AutoRug have further fueled questions about PumpFun’s intentions and practices. The proposed tool would allow instant meme coin launches followed by immediate shutdowns. Although unconfirmed, the idea has generated debate over transparency and risk.

Related articles

SIGN price soars 11% as Sign Foundation completes $12M token buyback

SIGN price soars 11% as Sign Foundation completes $12M token buyback

August 13, 2025
USELESS is available for trading!

USELESS is available for trading!

August 13, 2025

Additionally, some users reported irregular wallet activity described as “Liquidity Harvesting 2.0.” Funds allegedly moved unexpectedly between wallets, raising concerns about internal mechanics. Influencers flagged these movements as suspicious, increasing community tension.

Both incidents may have attracted regulatory attention and social media policy action. The founder’s suspension followed shortly after he posted a cryptic message referencing aggressive innovation.

 





Source link

ShareTweetShareShare

Related Posts

SIGN price soars 11% as Sign Foundation completes $12M token buyback

SIGN price soars 11% as Sign Foundation completes $12M token buyback

by J_News
August 13, 2025
0

Sign Foundation has wrapped its first buyback of SIGN coins. It acquired $8M via the open market and $4M through...

USELESS is available for trading!

USELESS is available for trading!

by J_News
August 13, 2025
0

August 13, 2025 | Asset Listings We’re thrilled to announce that USELESS is available for trading on Kraken! Funding and...

NEAR Displays Robust Bullish Trajectory Backed by Substantial Volume Activity

NEAR Displays Robust Bullish Trajectory Backed by Substantial Volume Activity

by J_News
August 13, 2025
0

NEAR Protocol experienced strong upward momentum between 12 August 16:00 and 13 August 15:00, climbing from $2.75 to $2.91 for...

Cardano Hits 15B ADA Locked by Long-Term Holders, Breakout Imminent

Cardano Hits 15B ADA Locked by Long-Term Holders, Breakout Imminent

by J_News
August 13, 2025
0

TLDR Cardano has reached a new milestone with nearly 15 billion ADA tokens held for more than a year. The...

Kaspa Consolidation, Dogecoin Price Fall, BlockDAG’s Presale Nears $373M

Kaspa Consolidation, Dogecoin Price Fall, BlockDAG’s Presale Nears $373M

by J_News
August 13, 2025
0

The market might be testing nerves, but the real moves are just starting. Kaspa (KAS) price today is stuck in...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Top 10 NFTs to Watch in 2025 for High-Return Investments

8 Top Crypto Fundraising Ideas Best for Startups

Top 10 NFT Games with the Biggest Earning Potential in 2025

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog