TechFlow news, November 26 — According to DLNews, Pump.fun, the largest meme coin launch platform in the Solana ecosystem, has announced the indefinite suspension of its live streaming feature. The platform reportedly saw a 100-fold surge in live streams within a week, with some meme coin creators engaging in inappropriate behavior to promote their tokens. Alon, the platform's founder, stated that hundreds of violating videos have already been removed.
The official announcement read: "Recent events involving live streams on the platform have raised concerns. We regret hearing about some users' experiences and take this opportunity to publicly and directly address these issues... To ensure absolute user safety, we will indefinitely suspend the live streaming feature on our website until our moderation infrastructure is ready to handle higher levels of activity. In the future, we will publish guidelines to make the site’s rules and regulations more transparent. We will also provide greater visibility into individual moderation decisions for both creators and users, ensuring everyone understands the processes and outcomes."
Since its launch earlier this year, Pump.fun has issued nearly 4 million meme coins, accounting for 83% of all token issuances on Solana, with daily revenue exceeding $1 million.
