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Alon Cohen

From Alonpedia, the free encyclopedia

Alon Cohen (often known online as "Alon") is a crypto entrepreneur and software builder best known as a co-founder of Pump.fun, a Solana-based memecoin creation and trading platform launched in January 2024.[1]

Overview

Cohen is publicly associated with Pump.fun, a platform that lets users create tokens and trade them immediately, with mechanisms for tokens to "graduate" onto decentralized exchanges. The service became a major hub for memecoin issuance on Solana and has drawn both rapid adoption and significant controversy.[2]

Early background

Mainstream biographical details (birth date, education, early career) are not consistently documented in major secondary sources. Coverage of Cohen is primarily tied to Pump.fun's rise and public communications under the name "Alon."[1]

Pump.fun

Founding and launch (2023–2024)

  • The pump.fun domain was first registered on September 19, 2023.[1]
  • Pump.fun launched on January 19, 2024, credited to Noah Tweedale, Alon Cohen, and Dylan Kerler.[1]
  • Early descriptions characterize the project as an attempt to make token creation "easy" and reduce certain kinds of rug-pull risk by standardizing token creation flows (while still enabling highly speculative trading).[2]

Growth, fees, and scale

Reporting and public summaries describe Pump.fun as one of the fastest-growing crypto applications by revenue, largely via a fee/take-rate on platform trading activity.[2][3]

Pump.fun's Wikipedia entry cites:

  • an estimated $60M in transaction fees in the first half of 2024, and
  • over 1M tokens created by July 2024.[1]

Wired reporting has also discussed revenue figures and large-scale token creation counts as Pump.fun became a dominant memecoin venue.[2][3]

Livestream era, suspension, and revival

Pump.fun introduced livestreaming as a way for token creators to promote launches.[4] However, the feature drew backlash after "violent and unsavory" content circulated, leading Pump.fun to suspend livestreams in late November 2024.[4] Later coverage reported a revival of livestreaming in April 2025 with stricter rules and more limited access.[5]

Public presence

X (Twitter) account suspension (June 2025)

In mid-June 2025, X suspended Pump.fun's official account and Cohen's account (reported as his personal handle) in a broader memecoin-account crackdown; reporting indicated the accounts were later restored.[7][8]

Regulatory / risk warnings

UK Financial Conduct Authority (FCA)

On December 3, 2024, the UK's Financial Conduct Authority issued a public warning that Pump.fun is not authorized/registered and "may be targeting people in the UK."[6]

Reception and controversies

Coverage of Pump.fun frequently emphasizes that:

  • the platform enables extremely fast, speculative launches,
  • "soft rug pulls" and rapid creator exits can still occur,
  • and moderation challenges (especially around livestreams) have been a recurring criticism.[2][10]

International reporting has also described the broader ecosystem of shocking promotional content and regulatory attention (these discussions generally focus on the platform's dynamics rather than personal allegations about Cohen).[10]

Selected interviews and commentary

Cohen has appeared on crypto media interviews discussing Pump.fun's next phase and criticisms around memecoins and creator incentives, including an episode published by Bankless in March 2025.[9]

See also

External links

References

  1. 1.Pump.fun — Wikipedia
  2. 2.WIRED - Pump.fun founders + growth/revenue context
  3. 3.WIRED - Fast growth + revenue framing
  4. 4.Blockworks - Livestream suspension Nov 2024
  5. 5.DL News - Livestream revival April 2025
  6. 6.FCA warning (Dec 3, 2024)
  7. 7.The Block - X suspension, June 2025
  8. 8.CoinDesk - X crackdown coverage, June 2025
  9. 9.Bankless - Alon interview page, March 2025
  10. 10.Le Monde - Platform controversy reporting, Oct 2025