- Pump.Enjoyable and founder Alon Cohen returned to the X after a 24-hour suspension of unknown trigger.
- Solana Meme Cash Trump, Fartcoin and Bonk every maintain market capitalizations of over $1 billion.
- Critics accused them of selling fraud and selling liquidity drainage from official initiatives.
Pump.Enjoyable, one of many Prime Solana Meme Coin Launchpads, returned to the X after a 24-hour suspension that put the group in its higher hand. The revival of Pump.Enjoyable and its founder X accounts comes after Meme Cash scrutiny sparked considerations concerning the long-term sustainability of Solana’s Meme Ecosystem.
The Solana Meme Coin platform faces suspension and backlash
The brief ban on Pump.Enjoyable’s X accounts coincided with a wider crackdown on accounts associated to cryptography. X has stopped practically 20 profiles, together with a number of Solana-based initiatives. Sources say the platform is utilizing it as a motive for its halt, citing guidelines violations linked to bot exercise and use of fraudulent APIs. Pump.Enjoyable and its founder Alon Cohen are again, however different accounts similar to Elizaos stay offline.
Pump.Enjoyable has not issued an official assertion concerning the suspension. Throughout the restore, the X account posted an image of the undertaking mascot and a brief caption. This low return hardly ever ended hypothesis about whether or not the suspension was technical or associated to potential regulatory pressures on Memecoin’s actions.
Throughout these developments, Pump.Enjoyable continued to face criticism. Excessive-risk dealer James Wynn publicly claimed that the platform was dangerous to the tradition of meme tokens and created a brand new rip-off. Critics additionally expressed concern that Pump.Enjoyable contributed to the congestion of the Solana Community and the liquidity of asset on extra established initiatives.
Market information exhibits Solanamemme cash holding the bottom
Regardless of latest market fluctuations, the Solana Meme Coin trade continues to function. In line with information from Coingecko, the market capitalization chart for June 18, 2025 exhibits that main meme tokens similar to official Trump ($1.87 billion), Fartcoin ($1.088 billion), and Bonk ($1.07 billion) nonetheless dominate the market. Different notable tokens embody Dogwifhat ($771 million) and Pudgy Penguins ($574 million).
Nearly all of Prime Solanamime cryptocurrencies skilled robust gatherings in April, with a minor, built-in repair in June. Small tokens similar to Popcat and Canine (Bitcoin) reveal extra growth prospects, whereas lower-rise initiatives similar to Peanut the Squirrel and Gigachad nonetheless appeal to area of interest communities. Regardless of well-known scandals and technical interference, Solana Meme Coin Market’s means to take care of liquidity and appeal to consideration highlights emphasizes its resilience.
Associated: Memecoin Frenzy: Fartcoin Leads Pump.Enjoyable Surge $62.42 million buying and selling quantity
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