Decentralized token creation platform Pump.fun faced backlash after a user threatened self-harm during a livestream if their token failed to meet price targets. Concerns were raised about another user threatening harm to their pet dog. The platform lacks proper safety protocols for its streaming features, leading to dangerous stunts to boost token prices. Reports of self-harm incidents on Pump.fun have surfaced, raising questions about the psychological impact of volatile crypto markets. Mental health experts have warned about the addictive trading behaviors and emotional distress associated with cryptocurrency trading. A study highlighted the negative impact of irresponsible trading activities on quality of life and stress levels. The platform's founder acknowledged the need for better moderation of content. Pump.fun's lack of comprehensive safety measures has sparked discussions about the responsibility of platforms in ensuring user safety and mental well-being in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news