Pump.fun, a launchpad for Solana-based memecoins, is facing backlash due to users misusing its Livestream feature to promote their tokens. The recent surge in harmful behavior coincides with the memecoin frenzy, where deceptive tactics are used to capitalize on the sector's popularity. The controversy began when users streamed violent content to boost their tokens, following a 12-year-old's attempt to manipulate investors. This led to a wave of users exploiting the Livestream feature to create and promote Solana memecoins. Some creators resorted to extreme measures, such as threatening self-harm or violence, to inflate their token's value. The crypto community condemned these actions, likening them to a 'Black Mirror episode' and calling for stricter moderation on Pump.fun. Despite its success as a token launcher, the platform is under scrutiny for allowing such behavior to persist. Read more AI-generated news on: https://app.chaingpt.org/news