Pump.fun, a popular platform for launching meme coins based on Solana, faced serious issues after suspending the livestream feature due to disturbing content. 📉

According to DefiLlama, the platform's revenue plummeted from $33.83M to $11.31M, despite a record $82.78M in November. This is related to abuses in the livestream, where users broadcast shocking actions to promote tokens. 🚫

The Pump.fun team promises to improve moderation to prevent similar incidents in the future.