Despite previous disasters, Pump.fun has brought back its livestreaming feature for all users.
Despite previous controversies, livestreaming on Pump.fun is back. On April 11, Solana-based (SOL) Pump.fun relaunched its livestreaming service for 100% of its users. This time, the feature will come with a stricter moderation policy to curb harmful conduct.
The feature was first taken down in November, when traders tried to outdo each other for attention by pulling increasingly extreme stunts. Several livestreamers rugged their memecoins or bragged about past rug pulls live on air. For instance, a trader called NoHandsNoRug kept his hands hidden on camera, only to later reveal he did have hands, \before selling the token’s liquidity live on stream.
Others tried to gain attention by engaging in dangerous, offensive, or even violent behavior. Users would threaten harm to themselves, others, or their pets unless traders bought their Pump.fun memecoins.
To prevent this from happening again, the new moderation policy includes clauses against violence, harassment, sexual content, and illegal activities. This means many of the most dangerous stunts users pulled in November would now be banned. Notably, offensive content on its own is not banned, but there is a clause that explicitly prohibits promoting terrorism and violent extremism.
Memecoin pumpers fight for attention
Pump.fun is making memecoin launches easier than ever. However, this has increased competition and made it more difficult for projects to stand out. For instance, on April 11 alone, users launched 16,000 memecoins on Pump.fun. With competition this high, memecoin pumpers are doing whatever they can to grab attention.
The popular feature was quietly brought back on April 5 but was initially only available to the top 5% of users. As before, it kicked off with traders performing attention-grabbing stunts, but this time, they must follow the rules to avoid getting banned.
