Tokens created on Pump.fun represent 62.3% of all decentralized exchange (DEX) transactions on Solana in November, according to Dune data. The platform, which debuted in January, allows users to launch tokens for free and has become a significant part of the Solana ecosystem. However, Pump.fun has faced criticism due to controversial tokens and streams on the platform.
The platform has been criticized for hosting streams that include disturbing content, such as self-immolation, animal cruelty, and even an apparent suicide. Calls to shut down the streaming feature have grown louder, and some believe Pump.fun may be breaking the law. Despite the controversy, Pump.fun has accounted for 62.3% of Solana’s DEX transactions so far in November.
If the platform is shut down, it could have a significant impact on Solana and the tokens launched on the network.
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<p>The post Pump.fun Tokens Dominate Solana DEX Transactions first appeared on CoinBuzzFeed.</p>
