8 Jul 2025, 09:04

Solana’s Pump.fun Pauses $4 Billion Token Sale, Potentially Impacting Market Volatility

Pump.fun, a prominent meme coin launch platform on Solana, has abruptly halted its highly anticipated $4 billion token sale, stirring significant uncertainty across the Solana ecosystem. This unexpected suspension has

8 Jul 2025, 08:10

Solana-Based PMP FUN Token Sale Pulled from Gate.io Amid Confusion

An anticipated token sale for PMP FUN, a Solana-based memecoin launchpad, has been abruptly removed from the cryptocurrency exchange Gate.io, sparking widespread confusion and speculation within the crypto community. The planned sale, which aimed to raise a significant amount of capital, has now been shrouded in uncertainty due to a lack of clear communication from … Continue reading "Solana-Based PMP FUN Token Sale Pulled from Gate.io Amid Confusion" The post Solana-Based PMP FUN Token Sale Pulled from Gate.io Amid Confusion appeared first on Cryptoknowmics-Crypto News and Media Platform .

8 Jul 2025, 07:57

Pump.fun token sale page disappears from Gate.io ahead of planned launch

Cryptocurrency exchange Gate.io has quietly removed a previously visible token sale page for Pump.fun, the Solana-based memecoin platform known for its frictionless token launches. On July 7, crypto community members on X circulated screenshots of a Gate.io page advertising a sale for Pump.fun’s native token, PUMP, scheduled to begin on July 12. The page detailed a 72-hour initial exchange offering, pricing 150 billion tokens at $0.004 each, implying a raise of $600 million and a fully diluted valuation of $4 billion. https://twitter.com/wublockchain/status/1942363254556352886?s=46&t=nznXkss3debX8JIhNzHmzw The token sale, if accurate, would mark Pump.fun’s first official public fundraising round. However, the exchange has since deleted the announcement without explanation, with the page now displaying a 404 error. Neither Pump.fun nor Gate.io has addressed the page removal, and no formal updates have been posted by Pump.fun’s co-founder Alon Cohen. Speculation around a $1 billion raise at a $4 billion valuation first emerged in early June, though the platform has repeatedly avoided confirming or denying the rumors. The now-deleted Gate.io page appeared to align with those earlier reports, indicating a serious move toward monetizing the platform’s success, a plan now in limbo. You might also like: Pump.fun revenue plummeted over 90% from historical peak Launched in early 2024, Pump.fun allows anyone to create memecoins instantly using a bonding curve model for liquidity and pricing. At its peak during the January memecoin surge, the platform saw daily revenues above $7 million. It has now facilitated over 11 million token creations, generating roughly $700 million in protocol revenue, as per Dune Analytics data . Yet, Pump.fun has faced increasing legal scrutiny. Following a warning from the Financial Conduct Authority, it was banned in the United Kingdom and is currently facing a class-action lawsuit in the United States regarding alleged unregistered securities. The abrupt removal of the IEO listing raises concerns about potential shifts in token economics, internal platform decisions, or regulatory pressure. The PUMP token offering’s future is uncertain until a formal statement is made public. Read more: Pump.fun strengthens legal team with fresh hires to fight Burwick lawsuit

8 Jul 2025, 07:41

Gate.io Pulls Plug on Pump.fun’s First Public Token Sale Listing

An upcoming token sale linked to Pump.fun , a meme coin platform built on the Solana SOL blockchain, appeared on Gate.io before being quietly removed .

8 Jul 2025, 07:36

Solana-Based Pmp.fun Token Set for $4B Sale Despite Gate.io Pullback

The post Solana-Based Pmp.fun Token Set for $4B Sale Despite Gate.io Pullback appeared first on Coinpedia Fintech News Solana’s memecoin playground, Pumpfun, is taking things up a notch. Soon after announcing the public sale of its native token, PUMP, set to launch on July 12, Crypto exchange Gate.io deleted the page without warning. There’s strong hype around PUMP’s launch, but the deletion of its Gate sale page has raised doubts among traders. While social media shows clear FOMO, seasoned Solana users are cautious about the token’s large supply and high $4B valuation, especially as LetsBonk.fun gains more traction. Technical indicators show short-term bullish momentum, but with overbought signals (CRSI 85+), some volatility or profit-taking is likely. Despite the Gate.com hiccup, the launch timeline remains intact, though official updates are still key as last-minute changes could happen. Gate . io just leaked pump fun public sale… their official website just created “Public Sale of $PUMP token” it says the event launches in 4 days 18 hours, and they’re aiming to raise $600m. interesting. https://t.co/MnQn2odlS4 pic.twitter.com/J00Jw7PanY — lyxe (@cryptolyxe) July 7, 2025 $4B Valuation Fuels Massive Token Launch Gate . io just leaked pump fun public sale… their official website just created “Public Sale of $PUMP token” it says the event launches in 4 days 18 hours, and they’re aiming to raise $600m. interesting. https://t.co/MnQn2odlS4 pic.twitter.com/J00Jw7PanY — lyxe (@cryptolyxe) July 7, 2025 Meanwhile, as per crypto users, the sale will feature 150 billion PUMP tokens priced at $0.004 each, representing 15% of the total supply, and valuing the project at a whopping $4 billion. With a total supply of 1 trillion tokens, the sale was earlier scheduled on July 12 for 72 hours or until sold out, but this sudden change has flipped the sale dynamics. As per details, it’s a first-come, first-served format, with no maximum cap, making it open to anyone with a minimum investment. [post_titles_links postid=”479764″] What’s the Hype Behind PUMP? Though PUMP isn’t required to use the Pumpfun platform, it unlocks exclusive perks like promotional giveaways. As the utility token of Pumpfun’s Solana-based ecosystem, it supports trading, incentives, and community engagement. The platform itself allows users to create tokens instantly and for free, pushing forward a no-reserve, no-tax model that has quickly attracted memecoin enthusiasts. A Boost for Solana’s Ecosystem Pumpfun’s upcoming token sale is expected to amplify activity across the Solana network, especially within the memecoin segment. The platform already stands out for its ease of use and transparency, helping new creators enter the space with zero upfront cost. Every token created on Pumpfun follows a fair pricing curve model, keeping the playing field open. The sale is just days away, and with SOL already seeing a slight 0.49% uptick following the news, all eyes are on whether PUMP can inject fresh energy into the Solana ecosystem. For memecoin lovers and crypto adventurers alike, the next few days could mark the next big leap in the Solana DeFi story. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″] FAQs What is the PUMP token, and when is its public sale scheduled? The PUMP token is the native utility token of Pumpfun, a Solana-based memecoin platform. Its public sale is scheduled to launch on July 12, 2025 , and will feature 150 billion PUMP tokens (15% of total supply) at a price of $0.004 each, valuing the project at $4 billion. What is the total supply and valuation of the PUMP token? The PUMP token has a total supply of 1 trillion tokens. Based on the public sale price of $0.004 per token for 15% of the supply, the project’s fully diluted valuation is set at a substantial $4 billion . How might the PUMP token launch impact the Solana ecosystem? Pumpfun’s PUMP token sale is expected to significantly amplify activity across the Solana network, particularly within the memecoin segment. The platform’s user-friendly nature and fair pricing model could inject fresh energy into Solana’s DeFi story and attract new creators and traders to the ecosystem.

8 Jul 2025, 07:36

Gate.io deletes Pump.fun token sale page from its website

The launch of PUMPFUN, the long-awaited native token of Pump.fun may take longer. Gate.io , one of the exchanges carrying the pre-market trading, has removed the pair from its platform. Gate.io , one of the leading centralized exchanges for new token listings, has removed the pre-market pairs for PUMPFUN. The ticker was selected to differ from the multiple PUMP meme tokens that have launched in the past, all making claims they could become the official asset of the platform. PUMPFUN saw limited activity in its pre-market OTC pairs. All traders that participated in the presale event would have their funds returned, announced the exchange. Gate.io did not hint at the eventual TGE or listing, saying it would communicate only through official announcements. The native token of Pump.fun was expected for months, possibly in July, creating demand for pre-market price discovery. The exchange announced it held a round of talks with Pump.fun, agreeing to remove the market pair and not trade PUMPFUN for the foreseeable future. Currently, there is no hint at the potential price for PUMPFUN. Gate.io briefly lists PUMPFUN pre-launch page Initially, the plan of Pump.fun was to launch 150B tokens, with an initial price of $0.004. The platform also previously intended to raise up to $1B in its token generation and presale event, with a total valuation of $4B. The parameters of the presale were widely circulated just days before the actual event, announced for July 12. Currently, the information is treated as a leak, with no assurance the token sale would happen based on those parameters. 🚨 @pumpdotfun Public Token Sale: All You Need to Know – Token: $PUMP – Total Supply: 1 trillion – Date: July 12 – July 15 (3 days) – Tokens for Sale: 150 billion – Sale Price: $0.004 – Fully Diluted Valuation: $4 billion pic.twitter.com/8jijGWgVBp — SolanaFloor (@SolanaFloor) July 7, 2025 Gate.io only briefly listed Pump.fun, removing the pre-market pair hours later. The removal of the PUMP token infrastructure led to suggestions Pump.fun may decide to push the launch farther into the future. Previously, Gate.io had set up a countdown and a tracker for the presale, which was up for only a few hours before being removed. Pump.fun has not commented on the removal of the presale page, or given any explanation for the event. Is Pump.fun still slowing down? The recent removal of the presale page coincides with a generally slower performance for Pump.fun. The top Solana meme platform recently saw its primacy challenged by LetsBonk.fun. The alternative platform, linked to the BONK meme token, flipped Pump.fun based on daily fees. Pump.fun has locked in over $700M, liquidating a significant part of its SOL fees. Currently, the platform saw its daily fees sharing, coming down under $1M per day. The Pump.fun fees and activity are now back to the levels from the March and April slump, before the new wave of meme token mania. Only 5,580 addresses are creating tokens, with around 100K daily active users. Previously, up to 13K addresses created new tokens. Fees fell off abruptly in July, showing a clear slowing trend. Pump.fun activity slowed down, reflected in the daily fees, which dipped under $1M. | Source: DeFi Llama Before the TGE for Pump.fun, there were fears the native token could further erode the meme market, taking liquidity and traffic from memes. The recent summer slowdown also affected the meme market, which relies on general hype and confidence. This time around, the BONK meme community is showing more strength compared to the Pump.fun ‘trenches’, while in search for the next big meme trend. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More