PUMP.FUN announced the date of launch of the PUMP token token

On July 12, the PUMP token from the PUMP.Fun platform will be launched, which will be held in the format of the primary supply of coins (ICO).

According to tokenomics, the general issue will be 1 trillion PUMP.

During the ICO, the “Factory of the Mem-Tokenov” plans to implement 33% of the offer at a price of $ 0.004 per coin: 18% will be sold in private rounds to institutional customers and 15% in public placements.

The sail will last until July 15 or until all assets are sold. Residents of the United States and Great Britain cannot participate in public sale.

The primary proposal will be held on the centralized exchanges by Bybit, Kraken, Bitget and Mexc.

The rest of the issue will be distributed as follows:

  • 24% for the initiatives of community and ecosystems;
  • 20% team;
  • 13% investors;
  • 4.4% of the project funds;
  • 3% for streaming;
  • 2.6% per liquidity.

The PUMP.FUN team did not disclose additional information about the airrod or other incentive initiatives for the community.

According to data Defi Llamaa platform for meme tokens from the moment of launch in January 2024 brought almost $ 715 million income. Over the past month, PUMP.Fun has earned more than $ 35 million.

However, the project has a competitor in the SOLANA network – LetsBonk. On July 8, the launchpad overtook PUmp.fun in the daily income and the number of launched tokens.

Be in the know! Subscribe to Telegram.


Source: Cryptocurrency

You may also like