- Pump.fun co -founder meeting the distinctive code for automatic cars, describing it prematurely and giving it.
- The informal code in Base rose to $ 17 million, then crashed, raising concerns about transparency.
- Alon Cohen urged encryption perpetrators to act responsibly and agree with the values of society.
Alon Cohen, co -founder of Meme Coin Launchpad Pump.fun, has expressed strong criticism on the base of Coinbase’s second layer and experience that was eliminated in Coinbase. He explained that his platform “There are no plans to follow its example.”
The problem arose when a post is published from the official X account in Base “A base for all” It was automatically converted into a symbol on the ONSAIN social platform.
Within a few minutes, the code reached the maximum market of $ 17 million, just to disrupt more than 90 %, which sparked anger. The analysis of the series revealed that the first three governor held nearly half of the distinguished symbol supplies, which raised concerns about fairness and transparency.
“There is the fact that what the base did is normal within a few years, but it is certainly not today and this has caused harm,” Tweet Cohen.
He continued: “Do not expect metal coins from me, pumpdotfun or any employees (there is no” surreptitious “launch).
Al -Qaeda responded by saying that the distinctive symbol was informal and would never be sold. “We did not sell the distinctive symbol, and it was not officially in any way.” Jesse Pollac, Creator of Al Qaeda. He added: “We are building a global economy on Onchain.”
Although the responsibility was evacuated, many merchants felt misleading. “If a coin is launched and has a social effect, this comes with responsibility,” Cohen wrote. He stressed the need for the platforms to remain compatible with their societies and avoid making unrealistic expectations.
Cohen also pointed out that society standards are deeply important in encryption. He said these criteria, “Do not dictate myself, pump.fun, coinbase, or president,” But by “Users in the trenches every day.”
Despite the collapse, Dexscreen’s data shows that the distinctive symbol has since recovered a $ 16.5 million market roof.
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