↝ FUN Coin: The Rollercoaster of Memecoin Creation on Solana Blockchain and Lawsuit Nightmares
Recent noteworthy developments highlight the contentious and lucrative future surrounding memecoins and the Solana blockchain . While negative...
In a series of events concerning FunzCity Casino, FUN coin, and Pump.Fun, several striking occurrences have caused ripples within the cryptocurrency market. FunzCity Casino encourages signups with a generous 125,000 FC offer. Concurrently, developments surrounding the Solana Meme Coin Factory Pump.Fun, which is known for enabling easy creation of meme coins, have gained attention.
A series of lawsuits are being pursued by, Burwick Law against Pump.Fun in response to allegations of promotion of meme coins that ended in pump-and-dump schemes. Despite this, new meme coin ventures continue to emerge and make their mark such as the creation of Emojicoin on Aptos.
The initiation of a lawsuit against Pump.fun pulls the platform near the brink of collapse, with allegations of rug pulls and failed meme coins paving the way for potential legal action. Further trouble for Pump.fun follows as UK regulators reportedly declare the Solana-based platform illegal.
Pump.Fun otherwise appears to continue thriving, as it pulls in record revenue numbers amidst an AI and memecoin frenzy and its launchpad surpasses $50M in revenue. However, the majority of its traders seem to be missing the $10K profit mark, with only a very small percentage locking in substantial gains.
FUN Coin News Analytics from Fri, 19 Apr 2024 07:00:00 GMT to Wed, 22 Jan 2025 15:58:00 GMT - Rating -2 - Innovation -3 - Information 4 - Rumor -5