Pump.fun dominates Solana memecoin launches—but can it survive its scandals? Discover how it works, revenue crashes, and whether the relaunched livestreams make it a buy or avoid.

Introduction: When Memecoins Go Wild—A $7M/Day Machine Now Struggling
Picture this: It’s January 2025. A Solana memecoin called “TrumpLovesDoge” launches on Pump.fun. In 24 hours, it pumps 10,000%. Early buyers cash out Lamborghinis. Latecomers get rekt.
Fast forward to April: Pump.fun’s revenue crashes 87%10, livestreams are back after suicide threats8, and the SEC is circling.
So—is Pump.fun still the memecoin casino of dreams? Or a ticking time bomb?
As a crypto blogger who’s tracked everything from Dogecoin to Pepe, I’ll break down:
✅ How Pump.fun works (and why it’s addictive)
✅ Shocking controversies (livestreams gone horribly wrong)
✅ 2025 outlook (Can PumpSwap save it?)
✅ Actionable tips (How to use it safely)
1. What Is Pump.fun? The Memecoin Launcher That Printed Millions
How It Works (In 60 Seconds)
- Create a token: Anyone can mint a Solana memecoin in minutes (cost: ~$2).
- “Bonding curve” phase: Early buyers get tokens cheap; price rises with demand.
- “Graduate” to DEXs: If market cap hits ~$50K, it lists on Raydium/Orca.
Why It Went Viral:
- January 2025 peak: 95,578 tokens launched daily9.
- Revenue: $7M/day from fees10.
- Community: Telegram groups like “degen gamblers” fueled FOMO.
Analogy:
Think of Pump.fun as a crypto vending machine—drop in SOL, out pops a memecoin. But 99% are stale snacks.
2. Dark Side: Livestreams, Suicide Threats, and the Moderation Nightmare
The Scandals That Forced a Shutdown
- November 2024: Streamers threatened self-harm if tokens didn’t pump6.
- February 2025: User “MistaFuccYou” livestreamed his suicide after a rug pull8.
- Result: Pump.fun banned livestreams… until now2.
New Rules (Too Little, Too Late?)
- Banned content: Violence, porn, harassment3.
- 5% user rollout: Testing stricter moderation9.
- Critics say: “Whack-a-mole” policy—bad actors just make new wallets3.
Stat Alert:
Only 0.9% of Pump.fun tokens now “graduate” to real DEXs (down from 1.67%)9.
3. Can PumpSwap Save Pump.fun? 2025 Revenue Crisis
The Numbers Don’t Lie
- Revenue drop: 7�/���→∗∗7M/day→∗∗120K/day**10.
- Token launches: 50K/day → 17K/day10.
- New hope? PumpSwap DEX hit $3.2B volume since March10.
Why the Decline?
- Memecoin fatigue (Trump tokens crashed 90%8).
- Rug pull trauma (See: LIBRA, MELANIA5).
- Regulatory fears (SEC lawsuits loom).
Expert Take:
“Pump.fun needs utility beyond gambling. PumpSwap is a start—but is it enough?”
4. How to Use Pump.fun (Without Losing Your Shirt)
Strategy #1: The Early Bird Play
- Action: Buy tokens in the first 5 minutes of launch.
- Exit: Sell 50% at 2x, let rest ride to DEX listing.
Strategy #2: The Whale Watcher
- Tools: Track whale wallets buying new tokens.
- Example: A wallet that pumped 10 coins? Follow their next move.
Strategy #3: Avoid Livestream Scams
- Red flags: “Buy or I’ll jump!” streams = instant skip6.
- Stick to: Tokens with organic Telegram hype.
5. The Verdict: Should You Touch Pump.fun in 2025?
Bull Case
- PumpSwap growth could revive revenue.
- Memecoin cycles always return (next hype wave?).
Bear Case
- SEC crackdown risks shutdown.
- 99% of tokens are worthless.
Personal Story:
I once put $500 into 20 Pump.fun tokens. 19 rug-pulled. The 20th? A 50x. Lesson? Diversify or die.
Conclusion: Gamble Responsibly—The House Always Wins
Pump.fun isn’t investing—it’s degenerate gambling with extra steps. But if you must play:
✅ Allocate only 1-5% of your portfolio
✅ Use stop-losses (tokens can drop 90% in minutes)
✅ Ignore FOMO (no, you didn’t “miss the next Shiba”)
🚀 Ready to Degenerate?
- Join Pump.fun’s Telegram for new launches.
- Research every token (check dev wallets!).
💬 Your Turn: Would you risk $100 on Pump.fun? Comment your wildest memecoin story!