Pump.fun Plans $1B Token Sale, Targeting $4B Valuation
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Pump.fun Plans $1B Token Sale, Targeting $4B Valuation

Pump.fun seeks to raise significant funds through a token sale, amid fluctuating prices in the cryptocurrency market.

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Overview

Pump.fun aims to raise $1 billion through a token sale, aiming for a $4 billion fully diluted valuation.

Key Details:

  • The memecoin launchpad has generated over $700 million in total revenue since its inception more than a year ago.
  • Following the announcement, Solana (SOL) experienced a dip of about 2% but has since partially recovered.

More details can be found here.

Pump.fun

Note: This sale is significant within the current cryptocurrency space, especially amidst changes in SOL’s performance.

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