Pump.Fun slams Base-backed meme token after 90% value loss

Token was auto-minted from Base’s post on Zora without warning. Pump. Fun co-founder Alon Cohen distanced his platform from the event. Base defended the launch as part of onchain content strategy The fallout from Base’s auto-minted meme coin experiment has sparked wider concern across the crypto sector, as industry voices warn against the risks of influence-driven […] The post Pump source: https://coinjournal.net/news/pump-fun-slams-base-backed-meme-token-after-90-value-loss/