OG Fortnite streamer Blakeps launched a cryptocurrency token on Pump.fun during a brief livestream on September 14. The token’s value crashed shortly after the stream ended, prompting immediate accusations of a rug pull from angry investors.
Blake, also known as Blakeps, created the memecoin and promoted it with a tweet saying he might “try multi-streaming on pumpfun.” Over 1,000 viewers joined his stream within minutes. Trading volume spiked as fans rushed to buy the new token.
The stream lasted only 17 minutes. Blake ended it abruptly, claiming he needed to set up OBS properly and would return later. He never did. Instead, he deleted his promotional tweet as the token’s price plummeted.
During those 17 minutes, Blake earned approximately $15,000 through Pump.fun’s creator fee system. These fees come from trading activity, not from selling tokens directly. Blake maintains he never sold any of his own coins.
The gaming community erupted with rug pull accusations. Some claimed Blake tipped off fellow Fortnite streamers before the launch, allowing them to buy early and sell during the price surge. Streamer OliverOG reportedly called out Blake publicly, though specific evidence of insider coordination hasn’t surfaced.
Blake responded with a statement on X denying all allegations. He explained that fellow Fortnite pro Kreo had told him about streamers using Pump.fun and connected him with the website’s owner. Blake said he was “genuinely clueless” about how the platform worked.
“I didn’t instruct anyone to buy anything,” Blake wrote. “I haven’t sold and I’m not going to sell. I wouldn’t throw away years of career progress for quick cash.”
He acknowledged that deleting his tweet made the situation look worse. He claimed he panicked when he saw how quickly the token had “blown up” during the short stream.
Pump.fun allows users to create memecoins instantly on the Solana blockchain. Tokens launched on the platform often experience extreme volatility, especially when promoted by influencers. Creator fees are built into the trading mechanism, allowing launchers to profit from volume without selling their holdings.
The exact name and contract address of Blake’s token weren’t immediately available. No independent blockchain analysis has verified whether Blake or associated wallets sold tokens during or after the stream.
