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Posted: 2025-06-18 16:09:30 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-18 16:09:53 UTC
Verified By
Rollup News
The author expresses strong disapproval of PumpFun and Solana meme coins, accusing them of fostering scams, draining liquidity from legitimate crypto projects, and enriching developers at the expense of ordinary investors. They support regulation to combat these issues.
PumpFun and Solana meme coins are detrimental to the crypto space.
These platforms facilitate scams and enrich developers.
Liquidity is diverted from genuine projects.
The vast majority of investors lose money on Solana meme coins.
Crypto regulation is needed to address these problems.
Scams facilitated by PumpFun and Solana meme coins.
Liquidity drain from legitimate crypto projects.
Financial losses for the majority of investors.
Lack of regulation to prevent these issues.