PumpdotFun founder angry over ”Libra incident”… argues for need for meme coin protection device

Pump.fun founder Alon has expressed outrage over the Libra token's $4 billion collapse.
On the 18th (local time), Aron posted on X, "I have felt disgusted by the incidents surrounding LIBRA these past few days," and "I believe that the person in charge is
"I hope that everyone will get what they deserve," said Argentine President Javier Milley.
Previously shared by Milei, some have called it an "elaborate rug pull."
LIBRA was launched on February 15th and introduced by President Milley as the official token. However, since then, some
It was discovered that Wallet had removed over $107 million in liquidity from the token's liquidity pool, and at the same time, President Milley deleted a post promoting the token, resulting in a small
In just six hours, $4.4 billion in market capitalization evaporated. However, Alon defended his platform, and Pumpdot fans said they had implemented measures to prevent insiders from issuing tokens.
He went on to argue that a token issuing platform must have user protection mechanisms in place to ensure maximum security while meeting the needs of users.
Alon said the priority issues to be addressed are △ educating users on how to generate coins safely and ethically, △ making it easier for new traders to use the service, and
The company proposed making the onboarding process more user-friendly and enhancing user safety by reducing the exposure of tokens with suspicious trading patterns or ownership structures.