Pump.fun Co-Founder Says Fee Model Failed, Announces System Revamp

Pump.fun co-founder Alon acknowledged that the platform’s creator fee mechanism has failed to deliver sustainable results, prompting a major system overhaul that will let traders decide which tokens deserve revenue-sharing arrangements. The admission comes as the Solana-based memecoin launcher faces mounting legal pressure and market-share erosion while attempting to balance creator incentives with trader participation. Although there has been some increased trading activity in recent days, it is nowher ...