Pump.fun finally removes the Tokenized Agent launch option

Solana memecoin trading platform Pump.fun has removed agent mode for new token launches, following community requests.

Pump.fun announced the decision on Tuesday, saying the Tokenized Agent launch option is deprecated, effective immediately. Co-founder Alon Cohen said it’s the first step to “removing launch options that don’t add enough value to users.”

Cohen said the Tokenized Agents feature was introduced with the intention of bootstrapping on-chain agents with automated buyback and burn mechanics. However, it resulted in excessive griefing, confusion among traders, and “needless PVP.”

“Coins PVPing each other because of launch modes benefits no one. It slows down momentum for narratives and pushes people away from our ecosystem,” Cohen wrote on X.

The change applies to new token launches, according to Pump.fun. Existing coins that already enabled the agent mode feature will remain unaffected.

Cohen did say Pump.fun is still “super bullish” on the Tokenized Agents sector, adding there is a possibility the feature returns, but not as a launch option.

Community cites rare “W”

The Pump.fun community seems well receptive of the decision. Most of the reactions agree that removing the agent mode was a much-needed move.

Meanwhile, the news comes as Pump.fun activity heats up again, with the launch of a new token dubbed $ANSEM. The memecoin made the rounds on X after surging by 8500% over the last two days, reaching a $172M market cap.

The token is named after the popular Solana memecoin influencer Ansem, who reportedly holds 604M $ANSEM, representing more than 60% of the supply.

On Monday, Ansem had airdropped $6.7M in $ANSEM to 700+ wallets, with most of the recipients still holding their tokens.

Some traders argue that Pump.fun’s decision to deprecate the agent mode is only coming due to Ansem’s influence.

Another Pump.fun feature goes badly

Pump.fun has had to deal with extreme cases where its features are used for unintended reasons.

Cryptopolitan once reported that live streamers on Pump.fun staged a fake private jet crash to lure viewers and pique their interest in their memecoin. Following a series of similar stunts, Pump.fun eventually removed the live-streaming feature.

Earlier in June, Pump.fun launched a “Pay ANYONE to do ANYTHING” bounty marketplace called Pump Fun GO. Just a few hours after launch, a user posted a bounty worth 10,000 SOL (roughly $690,000) referencing suicide, Cryptopolitan reported.

If you're reading this, you’re already ahead. Stay there with our newsletter.