Pump.fun's rapid growth has brought massive revenue, but questions over token quality and platform behavior continue to follow the launchpad. Curve Finance founder Michael Egorov has taken a swipe at Solana-based Pump.fun and criticized the platform’s role in the meme coin market. His comments add to the scrutiny Pump.fun has faced as it has grown into one of the biggest venues for launching new meme coins. Token Failures and Controversies Egorov criticized Pump.fun and called it “a casino of scams called meme coins.” ClawPump co-founder Tomas Oliver, however, pushed back and asserted that the platform simply provides a service and users choose how to use it. Oliver added that meme coin activity would exist elsewhere if Pump.fun did not dominate the market. The Solana-based launchpad has faced controversy before, particularly over the way its platform has been used. In November 2024, its livestream feature drew heavy backlash after users began using it for extreme and disturbing stunts linked to their token prices. Some streams involved threats of self-harm, violence, and harm to family members. In one case, a user threatened to end their life if a token failed to reach a $25 milli...
Pump.fun Under Fire Again: Curve Finance Founder Calls It a ‘Casino’ for Meme Coins
1 week ago
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