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Davide
@0xdavide
📈 All accounts on X connected to PumpFun have been suspended. I am not a fan of memecoins/shicoins (even though I used PumpFun for a possible airdrop) but I don't understand these things. People should be free to spend their money as they want (remaining legal). Memecoins are gambling as is a lottery ticket. Something with no value, created in 30 seconds, is it a security? Is it possible to launch a token through PumpFun to scam users? Yes, it is possible (and it happens in 90% of cases) but everyone should be free to be scammed if they deem it appropriate. It is enough to know the risks. The word "scam" needs to be put into context.
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Davide
@0xdavide
PumpFun is not a drainer but simply a container of tokens of which 90% last a few hours/days. Apart from a longer duration, the price action of many "legit" altcoins is not much different. There are also a lot of scams related to Agent AI launched on Virtuals Protocol. All these scams may have prevented altseason from happening but if there is no PumpFun, users would have thrown money away on other memecoins. I have always hoped that regulations would stay out of the crypto sector because they are not used to protect investors but only to control and extort money. Remember that you work to pay others (politicians) who live off your back. PS=A few months ago, a my secondary profile on X was also suspended for no reason. A profile I had since 2019 with several thousand followers (all real).
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