Odaily News Pumpfun project's official X account and its founder Alon's personal account have been restored to normal use today, and the reasons for the related ban have not been disclosed. Previous news: PumpFun X account and founder account have been frozen by the X platform.

Gate News bot news, SSV Labs founder Alon Muroch candidly discussed the challenges currently facing Ethereum and why attracting value back in the next chapter of Ethereum is crucial.

Most technical projects in AltCoins have the same value proposition as memes, but with low Circulating Supply, high FDV, and the participation of VCs, notorious for using retail investors as an exit Liquidity. Alon Cohen, co-founder of Pump. fun, explained the AltCoin crash in April 2024, stating that retail investors suffered too much loss in the previous cycle, making it impossible for them to invest in the 'future of finance' again. The tension between utility-focused investors and speculative traders has intensified, highlighting the issues in social media exchanges.

Gate.io News bot message, Wu said it has been learned that Pump Fun founder Alon announced that the platform has reopened the live streaming feature to 5% of users. This reopening is accompanied by the launch of a content management system and content management guidelines. It is reported that Pump Fun previously suspended its live streaming service due to harmful and violent content appearing in user broadcasts, until the review infrastructure is improved. The platform stipulates that users who violate policies will have their live streaming privileges terminated and accounts disabled, and Pump Fun will submit illegal content to law enforcement agencies. Source: Wu Says

According to Lookonchain's monitoring, a trader withdrew 4,248 SOL tokens (approximately $1.06 million) from the exchange and traded 13 tokens within two days. Only one transaction made a profit of $231, while the rest resulted in losses, with a win rate close to zero. Among them, the losses for the ALON and VINE tokens reached $456,400 and $254,500 respectively, totaling $892,000 in losses.

PANews January 24th news, according to Onchain Lens monitoring, the fear of missing out peak led to a Whale losing $93.2. 6 hours ago, the Whale spent 6162 SOL (worth $1.53 million) to purchase 8.48 million ALON.

Alon Cohen, co-founder of pump.fun, said that the value propositions of most tech-focused AltCoins and memes are the same, but they have low Circulating Supply, high FDV, involve VC institutions, and VC institutions typically use retail investors as an exit liquidity. He responded to a tweet, suggesting that the memes on the pump.fun platform have disrupted the price cycles in the AltCoin market. Cohen said that pump.fun has existed since before April 2024, and predicted that the collapse of the AltCoin market in April 2024 was because retail investors suffered heavy losses. This discussion highlights the contradiction between utility-focused AltCoin investors and pure speculative traders.

Odaily Planet Daily News pump.fun co-founder alon wrote on the X platform, "Seeing potential pump.fun"