pump.fun Announces Public Sale of PUMP Token on July 12 with Airdrop to Follow

pump.fun has officially confirmed that the token public sale will take place on July 12, with an airdrop to follow. The sale will provide 150 billion tokens at a price of 0.004 USDT per token, representing 15% of the total supply. This gives the project a valuation of 40 billion USD and a fundraising goal of 6 billion USD. The PUMP airdrop is approaching soon.

Pump.fun, a Solana-based memecoin launch platform, has officially confirmed that its token public sale will commence on July 12. The sale will provide 150 billion PUMP tokens at a price of $0.004 per token, representing 15% of the total supply. This event marks a significant milestone for the project, with a valuation of $4 billion and a fundraising goal of $6 billion. Following the sale, an airdrop is expected to be distributed [2].

The token sale is set to run from July 12 to 15, with tokens distributed 72 hours after the sale's conclusion. Participants will be able to subscribe using Tether (USDT), Circle’s USD Coin (USDC), Solana (SOL), and Bybit Staked SOL (bbSOL). The sale is expected to be supported by several exchanges, with Bybit uniquely offering multi-chain subscription support [2].

The Pump.fun token sale has generated significant interest, with the project's valuation reaching $4 billion at the current pricing. The sale is notable for its large token supply and high fundraising goal, which could significantly impact the cryptocurrency market. However, the platform has faced criticism for its decision to conduct a token sale instead of an expected large airdrop, as seen with other popular apps like Hyperliquid [3].

In addition to the token sale, Pump.fun has also announced that it will soon conduct an airdrop, which could further enhance the platform's appeal to investors and users. The airdrop is expected to be distributed to the community, providing an opportunity for users to obtain PUMP tokens without purchasing them.

The Pump.fun token sale is set to take place amidst a backdrop of increased regulatory scrutiny and market volatility. The cryptocurrency market has seen significant fluctuations in recent months, with several high-profile projects facing regulatory challenges. Despite these challenges, Pump.fun's token sale has garnered significant attention, with many investors and financial professionals closely monitoring the event.

References:
[1] https://decrypt.co/329281/pump-fun-token-sale-july-12-bybit
[2] https://www.tradingview.com/news/the_block:6b89ee6d1094b:0-pump-fun-token-sale-worth-600-million-set-for-july-12-on-bybit-and-other-exchanges/
[3] https://www.tradingview.com/news/the_block:65ed1a72d094b:0-the-daily-pump-fun-confirms-pump-token-sale-plans-hacker-drains-over-40-million-from-gmx-and-more/