🚨 THE MEMECOIN PURGE JUST HAPPENED PumpFun. GMGN. BULLX. Nuked off X. 20+ accounts gone in 24h — no warning, no reason. This isn’t just about memes anymore. 🧵: What happened. Why it’s terrifying. And why CT might never recover.

1. Let’s be clear: This wasn’t some random rug getting suspended. This was a surgical wipeout of the biggest memecoin engines on CT. 457,000 followers? Gone. pumpfun's official account — GONE. GMGN I loved - GONE.

’s a glimpse of who got deleted: – @pumpdotfun (457K) – @a1lon9 (co-founder) – @gmgnai, @haze0x, @arthur_gmgn – @ElizaOS, @bullx_io, @CookerFlips – 20+ more Solana memecoin accounts Whole communities — erased overnight.

… why? X didn’t give any clear reason. Just the usual “violated the rules.” But CT did the digging. Three leading theories emerged:

4. Theory 1: Unauthorized API scraping pumpfun and others were allegedly using “black market” trackers to pull X data, bypassing the $60K/year API. That’s a Terms of Service violation. X has cracked down on that before. Seems the most likely cause

5. Theory 2: Coordinated reports Some CT users suggest this was a mass-reporting attack — either from rivals or regulators-in-disguise. It’s possible. But no clear evidence so far. Feels too organized to be random.

’s what’s terrifying: This wasn’t just platform enforcement. This was deplatforming of an entire financial subculture — right before its biggest moment. pumpfun's $PUMP token was supposed to launch this week.

8. The reaction from CT? 🔥 Chaos. – $10M+ volume in meme tokens named #SUSPENDED, $BANNED – Degens minting tribute coins – Solana meme charts flatlining – Everyone asking: “Are we next?”

9. Some see it as justice. “Memecoins are just gamified scams.” “They targeted kids.” “They made $500M in fees.” Others see it as a dangerous precedent. A platform can now shut down your economy with zero accountability.

10. So what now? idk

11. But one thing is clear: If X can delete the loudest, richest memecoin brands in one click… Then nobody in crypto is safe. Especially not if your business model relies on hype, Twitter bots, or API calls.

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