PumpFun Founder’s X Account Suspended, What’s Up?

Jakarta, Pintu News – PumpFun, a popular meme coin launch platform, recently experienced the suspension of their official account on X (formerly known as Twitter). This incident has caused confusion and speculation in the crypto community. The account now displays the standard “account suspended” notification from X.

Check out the full information here!

PumpFun Founder Suspended After Controversial Tweets

Alon, the founder of PumpFun, was suspended from X just hours after he joked that his platform might be “accidentally too innovative.” The tweet appears to have been the trigger for his account suspension. PumpFun is known as a platform that allows anyone to create and trade meme coins quickly and easily.

The platform has been at the center of viral token launches, which sometimes see a quick price spike before the token crashes, a process some refer to as “pump and dump.” This activity has caught the attention of many users and observers in the crypto industry.

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The “Liquidity Harvesting 2.0” Controversy

A crypto influencer, Mary, shared that the suspension may be related to a strange situation called “Liquidity Harvesting 2.0.” In this situation, funds seem to disappear from users’ wallets and reappear in other wallets. This incident has raised concerns among users and market watchers.

This situation worsened PumpFun’s reputation in the eyes of the public and regulators. Users started referring to PumpFun as the “Slot Machine of DeFi,” a nickname that caught the attention of the X policy team and regulators.

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Controversial New Feature: AutoRug

In addition, there are claims that PumpFun is developing a new feature called AutoRug. This tool will automatically launch a meme coin and then immediately close it. This feature raises further concerns regarding PumpFun’s business practices and its potential negative impact on investors.

While the full details regarding this feature are still unclear, the speculation around AutoRug has put added pressure on PumpFun. Losing their major social media presence on X might slow down their engagement and visibility in the future.

Conclusion

Although PumpFun’s X account has been suspended, the platform is still active through its website and other channels. However, without a presence on X, PumpFun may face challenges in maintaining user engagement and visibility in this highly competitive market.

Going forward, PumpFun will need to navigate these regulatory and reputational challenges carefully. They must ensure that their innovations do not violate existing rules and still gain the trust of users and investors.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. Breaking: PumpFun Founders X Account Suspended, What’s the Reason?. Accessed on June 17, 2025
• Featured Image: Decrypt