Pump.fun favorites Michi and Mini have been recovered after exploits, but these tokens remain stagnant.

presumed to be former Pump.fun employees are burnt out not Solana worth about $2 million From yesterday’s protocol. This causes wallet providers to Phantom is blocking your siteMultiple tokens locked in a bonding curve contract, and Transaction is paused.

It appears in less than 24 hours. Pump.fun’s largest token Tokens affected by the attack quickly recover while still in disgrace.

Pump.fun is a protocol that allows users to generate Solana meme coins in just minutes. 0.02 sole ($3). This resulted in: daily record The new Solana-based token is broken due to a number of issues. meme coin It is being created.

Fortunately for meme lovers, the Pump.fun team fixed the issue within seven hours of the attack. “The Solana poop coin is back and stronger than ever.” team Posted on Twitter.

Not long after the protocol was hacked, the highest market capitalization token fell. madWhile Pump.fun’s largest token fell 6%. Selfie cointhe platform’s third-largest token, plunged 23%. miniThe next largest fell 22% in a matter of hours.

Now the protocol says it has resolved the exploit, trading has resumed and these tokens have been recovered.

Michi is up 28% since the mid-hack, SelfieDogCoin has surged 20%, and Mini has surged 55%. In the short term, the hack had a negative impact on Pump.fun’s largest token, but the protocol now appears to have recovered, sparking more interest in the platform’s tokens.

However, this token is already available for trading on Raydium, Solana’s decentralized exchange (DEX). This is achieved by the market capitalization reaching over $69,000 and completing the consolidation curve (which adjusts asset prices based on supply). Once this milestone is reached, liquidity will be moved to Raydium, the Solana trading platform. This means that investors can start trading outside of Pump.fun.

Some on-chain investigators have found that with the help of private keys (keys that only Pump.fun’s employees have access to), Pump.fun attackers appear on target accounts completing this process and transfer funds allocated to Raydium to unrelated wallet addresses. I deduced that I had switched. .

This caused tokens that reached 100% to be stuck in limbo during the attack time. Unfortunately, this issue has not been resolved yet.

Tokens such as Sim using DeccNSFW tokens for Sims games; Advance Wi-FiAnother dog coin, and Rnld SweginaturThe Arnold Schwarzenegger meme is all on hold right now. But the token is so small that there isn’t much of a community to be upset about it. That said, there are victims, and Pump.fun is trying to make them whole.

“For each affected coin, the Pump.fun team will seed LPs within the next 24 hours at 15:21 UTC with an amount of SOL liquidity equal to or greater than the SOL liquidity held by that coin,” the official account wrote on Twitter. .” he wrote. “We ask for your understanding as we aim to resume trading of these coins in a safe and systematic manner.

The exploit caused the following: an unusual outpouring of love For attackers. Because some people said that. Pump.fun is not good for Solana. and Wider cryptocurrency community. In typical Degen fashion, attacker-specific tokens are starting to appear.

And ironically, 2 of the biggest hacker tribute tokens that decoding I found it to be 0 almost immediately.