pump.fun Token launch date is expected to be postponed to July

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The memecoin issuance platform on Solana – pump.fun – is rumored to postpone its token launch to July instead of the initial 25/06 date, according to information from Wu Blockchain. The project had planned to launch its own token since late 2023, however, the implementation process has been continuously delayed for various reasons, leaving the community curious and waiting.

Recently, rumors about pump.fun preparing to launch its own token have been spreading widely in the crypto community.

According to unverified sources, pump.fun is aiming to raise up to 1 billion USD with a valuation of 4 billion USD, through a token sale open to both small individual investors and professional investment organizations. If confirmed, this would be one of the largest fundraising efforts in the memecoin sector to date, helping to consolidate pump.fun's position in the Solana ecosystem.

Also Read: Pump.fun Expected to ICO 1 Billion USD, Considering Revenue Sharing with PUMP Token Investors

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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