Pump.fun Creator Calls for New Standards After LIBRA Memecoin Collapse
Following the collapse of the LIBRA memecoin, the founder of Pump.fun has publicly urged for the establishment of stricter measures to enhance safety in token launchpads. The call for better practices aims to prevent insider scams and manipulative token launches that can leave investors vulnerable. This incident has sparked a necessary conversation about regulatory practices in the cryptocurrency space. Stakeholders in the crypto market should consider the implications of these developments and advocate for stronger protections moving forward.
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