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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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- 📢 #Gate Square Writing Contest Phase 1# is now officially launched!
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2. Add the tag #Gate Square Writing Contest Phase 1# to your post (minimum of 300 words).
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Essay Content Directio
- 🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
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3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
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📅 End at: July 9, 16:00 UTC
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LATEST NEWS: The release date and price of one of the most anticipated altcoins of this year have been announced!
The Crypto exchange Gate announced the launch of a public token sale for PUMP, the official utility token of the Solana-based memecoin platform Pump.Fun, on (IEO). The sale will begin on July 12, 2025, and will last for 72 hours or until the tokens are sold out.
The token with a total supply of 1 trillion PUMP will have 150 billion PUMP offered to investors in the initial sale. The sale price is set at 0.004 USDT/PUMP, which brings the total market value of the token in the first sale to 4 billion dollars. The sale will be conducted on a first-come, first-served basis.
PUMP will be the official utility token of the pump.fun memecoin creation platform and its integrated automatic market maker (AMM) protocol.
The Pump.Fun Protocol does not require holding PUMP tokens, but users who own PUMP will have the right to participate in promotions offered by the protocol. While 15% of the total supply is offered in this sale, there is no upper limit for individual investors; only a minimum transaction amount will apply.
However, let's remind that the token's volatility will be high and a significant part of the total supply will be locked, which could lead to large drops in the token price.