Elon Musk’s X Reinstates Pump.fun and Its Founders Account After 24 Hours of Suspension


After 24 hours in the dark on the X platform supported by Elon Musk, the accounts for Pump.Fun, a Launchpad same launchpad based in Solana (Sol) and its founder were restored. The suspension of several X accounts linked to the crypto occurred on Monday, triggering speculation.
In addition, the X platform did not provide detailed explanation to explain why the accounts were closed. However, as Coinpedia reported, the 24 -hour suspension of the pump account was probably due to malicious actions that violated X policies.
Look more closely on pump.fun
During the last year of its existence, Pump. The fair launch model helped LaunchPad attract more users, which has been of significant value for the Solana ecosystem.
As a result, Pump.fun has generated nearly a billion dollars in revenue in the past year, which will play a crucial role in its planned $ 4 billion launch. The Launchpad has worked on the expansion of its services to include a decentralized exchange (DEX) to help compete with other web3 protocols offering similar same services. The restoration of the Pump.Fun platform will play a crucial role in Solana’s long-term success before the imminent approval of the ETF SPOT SOL in the United States.