Pump.fun Reintroduces Livestreaming with Stricter Moderation Policies

Pump.fun, a Solana-based meme coin launchpad, has cautiously reinstated its livestreaming feature for 5% of its users, following a suspension due to the broadcast of harmful content. The platform has implemented new, stringent content moderation policies to balance user safety with the creative freedom that thrives in meme coin culture.

• Pump.fun reinstates livestreaming for 5% of users.
• New, strict content moderation policies introduced.
• Memecoin market sees significant decline.

After a suspension in November triggered by incidents involving violent threats and self-harm, Pump.fun has taken steps to ensure the safe return of livestreaming. The goal? To prevent similar occurrences while maintaining the platform’s vibrant community. The platform now employs industry-standard moderation systems and transparent guidelines to keep the chaos in check.

The updated policies are clear: content involving violence, harassment, sexual exploitation, and illegal activities won’t fly. Yet, in the spirit of meme coin culture’s wild west, Not Safe For Work (NSFW) content is given the green light, but only on a case-by-case basis. “Not Safe For Work” here means content that might not be appropriate for viewing in a professional setting. Violators face the risk of stream termination and account suspension, but there’s a silver lining—users can appeal content removal decisions, offering a chance for redemption.

Alon Cohen, co-founder of Pump.fun, emphasized the platform’s dual focus on safety and engagement, stating,

“Pump.fun livestreaming has been rolled out to 5% of users with industry-standard moderation systems in place and transparent guidelines.”

This approach aims to

“curb behavior that could endanger users, protect the platform from illegal or harmful content, while preserving ‘creativity and freedom of expression and encouraging meaningful engagement among users.'”

Despite these efforts, the memecoin market is cooling off. Pump.fun’s daily transactions have plummeted by 70% since January, and trading volumes have dropped by a staggering 86% between January and March 2025. The platform faces increased pressure to remain relevant in this saturated space.

The tragic incident involving a trader known as “MistaFuccYou,” who took his own life during a livestream after losing money on a Pump.fun-launched memecoin, serves as a sobering reminder of the real-world consequences of unchecked content. This incident underscores the urgency for robust moderation systems, highlighting the severe risks associated with the platform’s previous lack of oversight.

On a broader scale, the Solana network has witnessed a significant decline in token launches, from a peak of 95,578 in January to 31,651 in April. This trend signals a challenging environment for platforms like Pump.fun, where the graduation rate for tokens has fallen below 1%—a testament to the difficulty of sustaining growth in a crowded market.

As Pump.fun navigates these turbulent waters, it strives to keep the wild spirit of memecoins alive without letting it spiral into chaos. The platform’s new policies aim to strike a delicate balance between user safety and the freedom of expression that fuels its community. Can they pull it off? Only time will tell.

Key Questions and Takeaways

• What led to the suspension of Pump.fun’s livestreaming feature?

  The feature was suspended due to harmful content, including violent threats and self-harm incidents, used to manipulate token values.

• What are the new content moderation policies at Pump.fun?

  The new policies prohibit content involving violence, harassment, sexual exploitation, and illegal activities, while allowing NSFW content on a case-by-case basis.

• How does Pump.fun handle violations of its content policy?

  Violations can result in stream termination and account suspension, with an option for users to appeal content removal decisions.

• What percentage of users currently have access to the reinstated livestreaming feature?

  5% of users currently have access to the reinstated livestreaming feature.

• What is the balance Pump.fun aims to achieve with its new policies?

  Pump.fun aims to balance user safety and protection from harmful content with the preservation of creativity, freedom of expression, and meaningful user engagement.

• How has the memecoin market affected Pump.fun’s platform activity?

  The memecoin market decline has led to a significant drop in platform activity, with daily transactions down by 70% and trading volumes down by 86% since January.

• What are the broader implications of the tragic incident involving “MistaFuccYou”?

  The incident highlights the severe risks associated with unmoderated content and the need for robust safety measures on platforms like Pump.fun.

• How does the decline in token launches on the Solana network impact Pump.fun?

  The overall decline in token launches on Solana indicates a challenging environment for Pump.fun, with fewer opportunities for new token launches and increased competition for user engagement.