PumpDotfun co-founder Alon Cohen denied rumors regarding the launch of a native token, focusing on the platform's features.
Denial of Token Rumors
Alon Cohen, co-founder of PumpDotfun, confirmed via his official X (Twitter) account that the platform is not planning to issue a native token. He emphasized that speculation surrounding any stealth launches is unfounded.
Market Stability
Despite rumors, PumpDotfun's steadfast denial of plans to issue a token ensures continued stability, with no significant price or demand changes observed from investors. The cryptocurrency market showed no notable reaction to the denial of token rumors.
Responsible Business Practices
Cohen highlighted the importance of responsible information management and emphasized the need to adhere to ethical standards in the cryptocurrency industry. He mentioned that PumpDotfun remains focused on improving platform features and rewarding users without creating market speculation.
The refusal to launch a token reinforces PumpDotfun's commitment to transparency and ethical practices, fostering confidence among users and market participants.
