Social media giant X suspended the official accounts and founder profiles of several major meme coin platforms, sparking new debate within the crypto community.
The suspension of prominent meme coin platforms particularly popular on the Solana network led to widespread speculation among users. Allegations range from unauthorized live streams and API misuse, to precautionary actions against pump-and-dump schemes or an early-stage investigation by the SEC. Yet, official confirmation supporting these theories has not emerged.
The platform previously faced similar challenges, having disabled its live-streaming functionality back in November due to unsafe content. While the website remains operational and meme coin creation continues uninterrupted, it remains unclear if X’s latest move signals a broader regulatory crackdown or simply an internal policy decision.
