Introduction
Pump.fun, the Solana memecoin launch hub, has brought back its livestream feature after a hiatus triggered by harmful content. New, stricter moderation aims to nurture a safe and dynamic user environment.
On April 4, co-founder Alon Cohen revealed on X that Pump.fun opened livestream access to 5% of users for a trial phase. The platform paused this tool in November 2024 when users aired alarming acts like violence, harassment, and threats to minors. At its peak, livestreams drove an incredible 69,000 token launches in one day.
What Sets Pump.fun Apart?
Pump.fun powers memecoin creation on Solana, letting users craft and trade tokens without coding skills. Its straightforward setup sparks financial innovation for newcomers and experts, accelerating project rollouts.
The platform thrives as a meme coin hotspot on Solana, with breakout stars like:
- Peanut the Squirrel (PNUT): PNUT jumped 258.9% in November 2024, hitting a $1.657 billion market cap and $1.66 billion in daily trades.
- Act I The AI Prophecy (ACT): ACT reached a $178.9 million market cap, trading at $0.1888.
- Fartcoin (FARTCOIN): FARTCOIN’s meme appeal pushed it to a $403.4 million market cap at $0.4013.
- Comedian (BAN): BAN holds a $57.7 million market cap, priced at $0.05759.
Livestream: A Blessing and a Curse
The livestream once turbocharged Pump.fun, fueling over 69,000 daily token launches. From November 17 to 23, 2024, it averaged 50,000+ deployments daily. Chaos erupted when users broadcasted abuse, extortion, and endangerment to game prices.
Community pushback and legal risks forced Pump.fun to shelve the feature.
New Rules Tackle Bad Actors
Pump.fun now enforces strict guidelines and sharper moderation, blocking livestreams with:
- Violence or terror
- Harassment or intimidation
- Pornographic content
- Threats to minors
- Illegal moves
- Privacy violations
- Copyright issues
- Extremist rhetoric
The team promises swift stream shutdowns for rule-breakers, with serial offenders facing bans. Some doubt the fix, citing easy wallet creation.
Recharging Memecoin Momentum
Pump.fun once earned over $7 million daily in late 2024. Recent Dune Analytics and DefiLlama data show $885,000 in 24-hour revenue—an 87% plunge. Still, it logs 27,000 new token launches daily and nears 10 million total deployments.
The livestream relaunch seeks to spark excitement, paired with PumpSwap, a decentralized exchange taking on Solana’s Raydium.
NSFW Content Gets a Tight Leash
Pump.fun permits select NSFW content within strict bounds. Alon Cohen said, “We’re crafting a space for bold ideas that doesn’t sacrifice safety or morals.”
Conclusion
Pump.fun is resetting after a stormy spell. The livestream’s return, with beefed-up controls, could kickstart memecoin action on Solana while keeping ethics front and center.
