TechFlow reported on December 2 that, according to Cointelegraph, Pump.fun, a meme coin launchpad within the Solana ecosystem, saw a sharp decline in weekly revenue after suspending its live streaming feature. Data shows that the platform reached a record weekly revenue of $33.83 million in the fourth week of November, an increase of nearly 400% compared to early November. After the live streaming function was disabled, revenue plummeted to $11.31 million between November 25 and December 1.
Previously, the platform was forced to suspend live streaming services due to users posting threatening content during streams. Several industry insiders have warned that this incident could trigger criminal investigations. Yuriy Brisov, partner at Digital and Analogue Partners, stated it provides "reasonable grounds for criminal investigation and civil litigation."
