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Pump.Fun Co-Founder Says No Plan to Launch Token, Speaks Out Against Base-Promoted Meme Coin

After a Base-promoted memecoin 90% crashed, Pump.fun seized an opportunity to tell its community: no stealth coins, no hype-fueled drops.

Solana-based meme coin launchpad Pump.Fun’s co-founder has pushed back against Coinbase’s Layer 2 network Base’s controversial auto-minted token experiment, making it clear his platform has no plans to follow suit.

“There’s a reality where what Base did is normal in a few years’ time—but it DEFINITELY isn’t today and that has resulted in hurt,” co-founder Alon Cohen tweeted Thursday. 

The post was a direct response to the “Base is for everyone” token, which was minted automatically through onchain social platform Zora from a post made by Base’s official X account.

Pump.Fun Co-Founder Says No Plan to Launch Token, Speaks Out Against Base-Promoted Meme Coin

After a Base-promoted memecoin 90% crashed, Pump.fun seized an opportunity to tell its community: no stealth coins, no hype-fueled drops.

Solana-based meme coin launchpad Pump.Fun’s co-founder has pushed back against Coinbase’s Layer 2 network Base’s controversial auto-minted token experiment, making it clear his platform has no plans to follow suit.

“There’s a reality where what Base did is normal in a few years’ time—but it DEFINITELY isn’t today and that has resulted in hurt,” co-founder Alon Cohen tweeted Thursday. 

The post was a direct response to the “Base is for everyone” token, which was minted automatically through onchain social platform Zora from a post made by Base’s official X account.

https://decrypt.co/315224/pump-fun-co-founder-says-no-plan-to-launch-token-speaks-out-against-base-promoted-meme-coin