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Pump.fun's GO bounty marketplace sparks controversy with risky tasks and memecoin BOUTYWORK surge.

Market News
09 Jun 2026
Crypto Daily
View Source
Bearish
pluang ai news

Pump.fun launched GO, a public bounty marketplace on Solana, allowing users to pay for any task, which quickly drew backlash after a suicide-related bounty appeared. This controversy fueled the creation of BOUTYWORK, a memecoin born from a user tattooing its misspelled ticker, reaching over $600k market cap and high trading volume. Despite strong platform revenue, the governance token PUMP's price fell sharply, highlighting a disconnect between platform activity and token value. Investors should watch moderation policies, bounty enforcement, and token risks as the platform evolves amid regulatory scrutiny and market volatility.

More News (PUMP)

Solana memecoin PUMP rallies 11% despite $142M token unlock overhang

Solana memecoin PUMP rallies 11% despite $142M token unlock overhang

The Solana memecoin PUMP surged over 10% even after a large token unlock released $142 million worth of tokens to team members and investors, which could have caused selling pressure. The rally was supported by softer U.S. inflation data easing fears...

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Pump.fun unlocks 57.279B PUMP tokens worth $86.49M, starting a 3-year vesting period for team and investors.

Pump.fun unlocks 57.279B PUMP tokens worth $86.49M, starting a 3-year vesting period for team and investors.

Pump.fun has released 57.279 billion PUMP tokens valued at $86.49 million from its initial lock-up, distributing them across 121 wallets. This marks the start of a three-year vesting period for team members and early investors, following the end of a...

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Pump.fun unlocks 57.3B PUMP tokens worth $86.5M, starting a 3-year vesting period for insiders.

Pump.fun unlocks 57.3B PUMP tokens worth $86.5M, starting a 3-year vesting period for insiders.

Pump.fun completed its first major token distribution after a one-year lockup, unlocking 57.279 billion PUMP tokens valued at $86.49 million across 121 wallets. This marks the start of a three-year vesting cycle for team and investor allocations, mak...

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Zcash jumps 10.81% on security upgrades, leading altcoin gains amid mixed market signals.

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Zcash surged 10.81% to $554.67, leading the altcoin rally thanks to recent upgrades improving its security features. Other altcoins like Lighter and Pump.fun also posted notable gains, reflecting growing interest in niche crypto projects. Meanwhile, ...

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Pump.fun unlocks $19M in $PUMP tokens as major vesting cliff hits the market

Pump.fun unlocks $19M in $PUMP tokens as major vesting cliff hits the market

Pump.fun, a Solana-based memecoin launchpad, distributed over $19 million worth of $PUMP tokens following a major vesting cliff on July 12. Approximately 82.5 billion tokens, about 29% of the circulating supply, were unlocked, with 50 billion allocat...

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