boycottpumpfun

【News】Solana ecosystem launchpad Pump.fun has recently faced a user backlash (topic: #BOYCOTTPUMPFUN). The community has criticized developers for bundling and front-running, creator fees going directly to personal wallets, and an airdrop promised for over a year that remains undelivered to most users. Public discussions say its daily trading volume once fell by about 12% in a single day, with roughly $110 million in trading volume evaporating over about two days. Some users have moved to alternative platforms such as Stonk Fun, which reportedly uses shared wallets to prevent bundling, temporarily bans duplicate tickers, and channels fees into token buybacks and burns. The incident reflects ongoing disputes over fairness and rule transparency in memecoin launchpads.

$SOL

#BOYCOTTPUMPFUN was described in a news roundup as “boycott momentum is gaining steam,” so I went and scrolled through the hashtag. Honestly, this is just people hyping themselves up.

The organizer, Jack Duval, argues that if everyone stops for a week, Pump.fun’s revenue could be slashed by more than 90%, forcing it to deliver the airdrop and other promises it’s been dragging its feet on. Sounds pretty rousing.

But click on the hashtag and take a look. It started around October 7. Most people just dropped the hashtag in someone else’s comments without saying a word. One account posted several times over the course of a week, and each post got 1, 2, 4, or 9 views. Another account posted over and over too, with views ranging from single digits to a few dozen. This isn’t a movement. It’s a handful of people chanting slogans in an empty room.

Worse, Pump.fun’s volume was never driven by the people calling for a boycott in the first place. The ones paying most of the fees are sniping bots, mass token-launchers, and volume-manipulation scripts. They don’t post on Twitter, and they’re certainly not going to “stand united.” If you stop for a week, you’re just giving the bots your spot. The platform will keep making money either way.

Volume really is falling—it dropped below $400 million in 24 hours—and Pump.fun responded by throwing $2.5 million at the Squads Invitational to bring people back. It cares about volume, not your hashtag. If you want to make it hurt, the money actually has to leave. Posting that you’re leaving won’t do it.

As for the airdrop, it’s been a carrot dangled in front of you from the start to keep you trading. If you’re still waiting, maybe ask yourself whether you’ve been chasing that carrot for too long.

The first ones to make money from this wave of boycotting Pump weren’t retail traders—they were the launchpad on the other side.

Take a look at the timeline: the account @_LaunchX was created on October 25 at 08:39 UTC. Less than three hours later, it posted, “We’re going to end Pumpfun’s reign.” The post got 56,000 views and 479 likes. Its bio links directly to a contract address. It has barely over 700 followers, and all its traffic comes from riding the wave of people trashing Pump.

Its pitch sounds pretty appealing, too: no Block 0 allocation, no PvP, and developers don’t take a cut of the fees. The catch is, it’s a coin itself. LAUNCH launched on StonkFun, paired with STONK. Bot data shows a market cap of about $192,000, a peak of $306,000, and $818,000 in 24-hour volume. Then another account copied the official post word for word, added the ticker, and kept promoting it.

Even funnier, BOYCOTT was turned into a coin too. It graduated on StonkFun in five minutes, reaching a market cap of $45,000. The way to protest coin launches? Launch another coin.

Put simply, both LAUNCH and BOYCOTT are paired with STONK. When you buy these kinds of new coins, you’re also helping create buy pressure for the platform’s token. Developers not taking a cut doesn’t mean nobody’s taking a cut—it just means the money’s being extracted through the platform token instead of fees.

Pump’s problems are real. Everyone saw Kimchi’s frontrunning scheme. But the phrase “a fairer platform” has been shouted across crypto several times now. In the end, whoever gets in first gets out first, and the rules never change. Moving somewhere else to provide liquidity isn’t a comeback.

#BOYCOTTPUMPFUN