PumpFun Faces Scrutiny as X Suspends Official and Founder Accounts

PumpFun, the meme coin platform that gained traction for enabling rapid creation and trading of speculative tokens, is under scrutiny after abrupt suspensions of its official X account and founder''s personal profile. The takedowns occurred without explanation, sparking speculation about regulatory pressures or platform policy violations.

The platform''s recent surge in popularity—dubbed "the slot machine of DeFi" by some users—coincides with growing unease about meme coin volatility. Unverified reports suggest PumpFun may have tested an AutoRug feature for automated token launches and closures, a potential flashpoint for controversy.

While operational through alternative channels, the social media blackout raises questions about PumpFun''s ability to maintain visibility during a critical growth phase. The incident highlights tightening oversight of decentralized finance tools as regulators and platforms alike scrutinize speculative crypto assets.