🚨 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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