Social Network X has stopped its official account on the platform, allowing users to create MemeCoin on the Solana network, as it has not been a few hours since the release of Token Pump published by PumpFun.
Additionally, the account of PumpFun co-founder Alon Cohen was suspended on June 16th. X does not provide an explanation for the reasons behind these actionsleaving the user and follower community without clarity.
This suspension represents a serious failure to PumpFun since x It is one of the leading platforms used by businesses and users of the Cryptoactive ecosystem to share relevant information Connect with the community.
With almost half a million followers, PumpFun’s accounts are an important pillar of the company’s communication strategy, and the disruption limits the platform’s capacity to communicate effectively. At a critical moment for the launch of token pumps.
In this context, PumpFun prepares its $1,000 million collection through the sale of token pumps, with an iconic valuation of $4,000 million. According to a June 3rd publication, the token pump could then be released in the next two weeks, suggesting that the event will coincide with the current moment.
The possibility of PumpFun launching a token was released in October 2024. The plan sought to encourage adoption and participation in the company’s ecosystem, as reported by encryption.
However, Pumpfun wasn’t the only one affected. 19 other accounts linked to the cryptoactive sector, including GMGG, Bullx, Bloom Trading and Eliza OS Artificial Intelligence Tools, have also been suspended by X.
The lack of official information about these measures creates uncertainty in the cryptocurrency community. This will rely heavily on this social network to provide information.
