Social media platform X paused Crypto Memecoin Platform Pump’s account and its founder’s apparent blitz, which saw dozens of cryptocurrency-related accounts temporarily banned on the site.
Monday, X account for Pump and its co-founder Alon Cohen, show They were suspended, but X did not explain why, showing only the platform’s standard disclaimer “X suspends accounts that violate X’s rules”.
At least 19 other accounts are also offline with cryptocurrency trading platforms GMGN, Bullx, Bloom Trading and AI proxy tool Eliza OS List Compiled by X user “Otto”.
X has been the first choice for many years Social Media The suspension of the encrypted user’s platform and account can greatly affect the ability of the affected encrypted platform to communicate with the user.
X did not immediately respond to a request for comment. Contact pump.fun for comment.
GMGN “actively attracts people” X suspension
GMGN explain Through the Telegram, it realized its X account was suspended and “actively filed a decision and worked hard to restore the account as soon as possible”.
It added that it “keeps close communication with X to speed up the resolution.”
Suspension due to API use, users speculate
At the same time, multiple x user Speculation The account was suspended due to the use of a third-party application programming interface (API), and X was banned in January 2023.
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Some claim that using platforms other than APIs offers huge costs for X’s internal API tool, which has a subscription level of $60,000 for startups.
Despite speculation, the reason for the suspension is still unknown.
Pump. Prosecuted for suspected assistance in pumping
X user “braden” profile says they market for pump.fun. postal The platform’s suspension is “Mass Report BS (Nonsense).
The opinion of pump.fun is separated because its platform has simplified the process of creating memes, Highly speculative cryptocurrency No intrinsic value.
Pump Accused of helping Created a pump and rainfall program in a class action lawsuit in January, which claims it helped create all tokens that are unregistered security, making nearly $500 million in fees.
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