17.06.2025 07:18
X, formerly known as Twitter, has unexpectedly deactivated numerous accounts associated with the cryptocurrency projects Pump.fun, ElizaOS, and GMGN. This sweeping action includes the official Pump.fun account and that of its founder, Alon Cohen, leaving many users and investors uncertain about the future.
The timing of these suspensions is particularly striking, occurring immediately before Pump.fun's planned PUMP token sale. This sudden removal of key accounts, without any prior notice or explanation from X, has left the communities surrounding these projects in a state of disarray and uncertainty. Concerns are mounting regarding the impact on the upcoming token sale and the potential financial consequences for investors.
The lack of transparency from X regarding the reasons for these suspensions is fueling speculation and raising questions about the platform's policies concerning cryptocurrency-related accounts. The abrupt nature of the deactivations, coupled with the absence of any communication from X, has heightened anxieties amongst those affected. The incident underscores the volatile nature of relying on social media platforms for crypto project promotion and community building. Further information is eagerly awaited from both X and the affected projects.