Introduction
Pump.fun, a memecoin creation platform on Solana, has revived its livestream feature after a break prompted by misuse. Stricter moderation now ensures a safer, more inventive experience for its community.
Co-founder Alon Cohen announced on X on April 4 that Pump.fun activated livestreams for 5% of users in a phased test. The platform shelved this feature in November 2024 after users showcased disturbing content—think violence, harassment, and risks to minors. Once, livestreams powered a jaw-dropping 69,000 token launches in a day.
What Defines Pump.fun?
Pump.fun operates as a Solana launchpad for memecoins, letting users build and trade tokens without coding know-how. Its accessible design fuels financial exploration for beginners and pros alike, speeding up project launches.
The platform excels in sparking meme coin success on Solana, with top performers like:
- Peanut the Squirrel (PNUT): PNUT soared 258.9% in November 2024, reaching a $1.657 billion market cap and $1.66 billion daily volume.
- Act I The AI Prophecy (ACT): ACT hit a $178.9 million market cap, trading near $0.1888.
- Fartcoin (FARTCOIN): FARTCOIN’s meme charm lifted it to a $403.4 million market cap at $0.4013.
- Comedian (BAN): BAN sits at a $57.7 million market cap, priced at $0.05759.
Livestream: Growth Driver Turned Liability
The livestream once supercharged Pump.fun, pushing over 69,000 token launches daily at its peak. From November 17 to 23, 2024, it averaged 50,000+ deployments per day. Trouble brewed when users aired shocking stunts—like child endangerment and abuse—to sway token prices.
The backlash and legal red flags prompted Pump.fun to pull the plug temporarily.
Tougher Content Controls
Pump.fun now wields firm rules and better moderation, outlawing livestreams with:
- Violence or terrorism
- Bullying or harassment
- Explicit or sexual content
- Threats to kids
- Illegal behavior
- Privacy invasions
- Copyright breaches
- Extremist messages
Violators face instant stream cuts, and repeat offenders could lose access for good. Experts wonder if new wallets might undermine these efforts.
Sparking Fresh Memecoin Energy
Pump.fun hit a high of $7 million in daily revenue late in 2024. Now, Dune Analytics and DefiLlama peg its 24-hour revenue at $885,000—an 87% drop. Even so, it averages 27,000 daily token launches and eyes 10 million total deployments soon.
The livestream comeback aims to reignite user buzz, alongside PumpSwap, a new decentralized exchange rivaling Solana’s Raydium.
NSFW Content Faces Limits
Pump.fun allows some NSFW material if it fits within key guidelines. Alon Cohen highlighted the goal: “We want creativity to flourish safely and ethically.”
Conclusion
Pump.fun is bouncing back from a rough patch. With livestreams returning under tighter rules, the platform hopes to fuel memecoin growth on Solana while keeping responsibility in focus.