Revenue of Pump.fun decreased by 33% after discontinuing the livestream feature

Revenue of Pump.fun has decreased by 33% after the platform indefinitely suspended its livestream feature. Specifically, revenue dropped from 5 million USD to 3.6 million USD in just one day, marking one of the largest declines since March this year. This decision was made to address the controversies related to livestream content, which is the platform's strength, but it also created many negative issues, leading to a noticeable decline in user activity and revenue.

This is a necessary response to the wave of strong criticism from the community following inappropriate incidents, such as the promotion of illegal memecoins and the appearance of shocking content.