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

8 Jul 2025, 06:10

Ethereum Wallet Awakens: Unbelievable $2.2M Gain from a Decade-Long Slumber

BitcoinWorld Ethereum Wallet Awakens: Unbelievable $2.2M Gain from a Decade-Long Slumber Imagine stumbling upon an old forgotten treasure chest, only to discover it’s filled not with gold, but with a digital fortune that has multiplied by thousands over the years. This isn’t a fantasy; it’s precisely what happened in the world of cryptocurrency, specifically with an Ethereum wallet that recently stirred from a nearly decade-long slumber. This extraordinary event highlights the incredible potential and long-term value appreciation within the crypto space, captivating investors and enthusiasts alike. The Awakening of a Decade-Old Dormant Wallet The cryptocurrency community was abuzz recently with news of a significant transaction originating from an Ethereum wallet that had been inactive for an astonishing 9.9 years. This isn’t just any old wallet; it’s a pre-mine address, meaning its contents were acquired during Ethereum’s earliest distribution phase. The wallet, which held 900 ETH, was reactivated, leading to the movement of these long-held assets. This kind of activity from a dormant wallet often sparks curiosity and speculation within the market, as it can sometimes signal shifts in long-term holder sentiment or simply a forgotten fortune being rediscovered. Let’s break down the remarkable numbers behind this reawakening: Initial Acquisition: 900 ETH Acquisition Price (ICO Era): Approximately $0.31 per ETH Total Initial Investment: Around $279 Current Valuation: Over $2.27 million Value Multiplier: A staggering 8,100 times increase! This dramatic surge in value underscores the volatile yet potentially highly rewarding nature of early cryptocurrency investments, particularly for those who held through multiple market cycles. A Glimpse into the ICO Era: When ETH Was Pennies To truly appreciate the magnitude of this gain, we need to transport ourselves back to the ICO era . The Initial Coin Offering (ICO) for Ethereum took place in 2014. During this period, participants could acquire ETH for a fraction of a dollar. For many, it was a speculative investment in a nascent technology with an uncertain future. Ethereum, then just a whitepaper vision, promised to be a decentralized world computer, a platform for smart contracts and decentralized applications (dApps). Few could have predicted the profound impact it would have on the global financial and technological landscape. The individual behind this particular dormant wallet was one of those early believers, or perhaps someone who simply bought a small amount and forgot about it. Their initial outlay of just $279 for 900 ETH seems almost unbelievable today, especially when considering the millions it’s now worth. This serves as a powerful reminder of the ‘pioneer’ advantage in emerging technologies – getting in early can yield exponential returns, but it also comes with significant risk and uncertainty. Understanding the ETH Price Trajectory: A Decade of Growth The journey of the ETH price from its humble beginnings to its current multi-thousand-dollar valuation is a saga of innovation, adoption, and market cycles. After the ICO, ETH saw gradual growth, followed by the massive bull run of 2017, where it first breached significant price points. Then came the crypto winter of 2018, testing the conviction of many holders. However, Ethereum continued to build, evolve, and attract developers, leading to another parabolic rise in 2021 and maintaining a strong position in the market ever since. Here’s a simplified timeline of ETH price milestones (approximate): Year Key Event/Price Action Significance 2014 Ethereum ICO (approx. $0.31) Foundation of the network; early investor entry point. 2017 Breaks $100, then $700+ First major bull run; widespread awareness. 2018 Crypto Winter (price decline) Market correction; testing investor conviction. 2021 All-time high (over $4,800) Fueled by DeFi, NFTs, and institutional interest. 2022-2023 Merge Upgrade, Market Consolidation Transition to Proof-of-Stake; continued ecosystem growth. 2024 Current Price (over $2,500) Resilient market performance; sustained utility. This wallet’s activation after such a long period perfectly encapsulates the ‘HODL’ (Hold On for Dear Life) philosophy, demonstrating that patience can indeed be a virtue in the volatile crypto markets. Implications for the Broader Crypto Market When a significant dormant wallet moves its assets, it often draws attention from analysts and investors. While 900 ETH is a substantial amount for an individual, its impact on the overall crypto market is generally minimal. Ethereum’s daily trading volume runs into billions of dollars, so a $2.2 million transaction is a drop in the ocean. However, these movements are often seen as indicators or points of interest for several reasons: Long-Term Holder Sentiment: Does it signal that early investors are starting to take profits, or is it merely a rebalancing? Security Concerns: Is the wallet holder still alive? Did they lose their keys and just find them? Or was it a security breach (less likely if funds are just moved to another address)? Market Narrative: These stories reinforce the narrative of crypto as a generational wealth-building opportunity, attracting new interest. Such events serve as powerful case studies, reminding everyone of the transformational potential that has defined the crypto market since its inception. They highlight that while volatility is inherent, the long-term trend for foundational assets like Ethereum has been overwhelmingly positive. Lessons from the Long-Term Holder: What Can We Learn? The saga of this Ethereum wallet offers several invaluable lessons for anyone navigating the complex world of cryptocurrency investments: 1. The Power of Patience (HODL) This is perhaps the most obvious takeaway. While day trading can be lucrative for some, the most significant gains in crypto have historically gone to those with the conviction to hold through market highs and lows. This wallet’s journey from $279 to over $2.2 million is a testament to extreme patience. 2. The Importance of Security Whether this investor simply forgot about their ETH or deliberately held it, the fact that they maintained access to their private keys for a decade is remarkable. Securely storing your seed phrase or private keys offline (in a hardware wallet, for example) is paramount. Losing access to your crypto is equivalent to burning your money. 3. Early Adoption Rewards Being an early adopter in a revolutionary technology carries immense upside potential. However, it also means investing in unproven concepts with high failure rates. For every Ethereum, there are countless ICOs that failed. Due diligence and risk assessment are crucial. 4. Understanding Market Cycles The crypto market operates in distinct cycles of bull runs and bear markets. Long-term holders understand that dips are often temporary and that innovation continues regardless of price action. This allows them to avoid panic selling and position themselves for the next upward trend. 5. Diversification vs. Conviction While diversification is generally advised in traditional investing, crypto sometimes rewards strong conviction in a few foundational assets. This wallet holder had a singular focus on ETH. The challenge lies in identifying which assets have true long-term potential. What’s Next for Ethereum? The reawakening of an old wallet doesn’t change Ethereum’s fundamentals, but it does shine a spotlight on its enduring value. Ethereum continues to be a cornerstone of the decentralized web, with ongoing developments like the transition to a Proof-of-Stake consensus mechanism (The Merge), scalability solutions (Layer 2s), and future upgrades aimed at enhancing its efficiency and reducing transaction costs. The network’s robust ecosystem, encompassing DeFi, NFTs, and various dApps, ensures its continued relevance and growth in the evolving crypto market . As the crypto space matures, stories like these will become more common, serving as powerful reminders of the early days and the incredible wealth creation that has occurred. They also highlight the increasing importance of secure asset management and a clear long-term investment strategy. Conclusion: A Fortune Rediscovered, A Future Reaffirmed The movement of 900 ETH from a wallet dormant for nearly a decade is more than just a transaction; it’s a compelling narrative of foresight, patience, or perhaps sheer luck, culminating in an unbelievable fortune. This single event encapsulates the transformative power of cryptocurrency and the unprecedented opportunities it has presented to early investors. It serves as a powerful reminder of Ethereum’s journey from a nascent project in the ICO era to a multi-billion dollar ecosystem, solidifying its position as a digital asset with enduring value. For anyone in the crypto space, this story is a beacon of hope and a testament to the potential rewards of a long-term vision in this dynamic market. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action. This post Ethereum Wallet Awakens: Unbelievable $2.2M Gain from a Decade-Long Slumber first appeared on BitcoinWorld and is written by Editorial Team

8 Jul 2025, 05:15

Pump Token Launch Set as SEC Moves to Accelerate Solana ETF Approvals

Solana’s ecosystem is set for a busy month. Meme coin platform Pump.fun has announced that its PUMP token will launch on Gate.io starting July 12, offering 15% of its total supply in a 72-hour sale. The announcement comes as the US Securities and Exchange Commission (SEC) signals an accelerated timeline for spot Solana ETFs, requesting amended filings from issuers before the end of July. Pump.fun to Launch PUMP Token With $6B Ambitions as Solana Meme Coin Craze Evolves In a highly anticipated step, Solana -based meme coin protocol Pump.fun is gearing up for the official launch of its native token, PUMP, with a public sale scheduled to begin on July 12, according to a countdown posted on the cryptocurrency exchange Gate.io. The token sale will last 72 hours and operate on a first-come, first-served basis, with 150 billion PUMP tokens to be made available at $0.04 USDT each, totaling a raise of up to $6 billion if fully subscribed. The PUMP token offering will account for 15% of the total 1 trillion supply, though specific allocation details beyond the public sale have yet to be disclosed. Gate.io’s FAQ notes that there will be no upper purchase limit, only a minimum threshold to qualify — a decision that could set the stage for high-demand volatility when the sale goes live. While the listing has not been formally announced by the Pump.fun team, a representative reportedly declined to comment when contacted, leaving much of the speculation up to the broader crypto community. The listing was first reported by X user @zoomerfied, who posted screenshots of the sale page prior to Gate’s official announcement. Valuation and Tokenomics Under the Spotlight Pump.fun is targeting a $4 billion valuation for the project, with the team internally discussing whether to include a revenue-sharing mechanism for token holders — an increasingly popular model among emerging protocols looking to reward long-term supporters. Given the platform's massive earnings potential and role as the hub for meme coin experimentation on Solana, investor interest in the PUMP token could be significant. With $700 million in cumulative revenue since its inception and peak daily revenues of over $7 million as recently as January 2025, the launch of the token may mark a transition from a niche builder tool to a formal DeFi powerhouse. Pump.fun was launched in early 2024 and quickly rose to dominance by providing a frictionless way for anyone — even non-developers — to create, launch, and trade meme coins on the Solana blockchain. Its simplicity and virality helped the platform go mainstream within the Solana ecosystem, contributing heavily to Solana’s meme coin surge in the first half of 2025. Even as its daily revenue has tapered to around $1 million, the project remains one of the top-performing decentralized applications in the entire crypto space, offering evidence of sustained market interest in community-driven tokens and speculative trading tools. A co-founder of Pump.fun first hinted at a token launch back in October 2024, fueling months of anticipation. With the announcement now confirmed through Gate.io’s listing page, attention is rapidly shifting to how the token will integrate into the existing Pump.fun ecosystem — and whether holders of PUMP will gain access to protocol governance, fee-sharing, or early access to new meme coin launches. Market Readiness and Risk Appetite Despite its popularity, Pump.fun’s token launch is not without risk. Critics have raised concerns about sustainability, fair launch mechanisms, and the highly speculative nature of meme coins in general. Given the lack of formal disclosures and a first-come, first-served structure, the token launch may favor whales and bots over small retail investors. Still, for the growing cult of crypto traders who see meme coins as a new frontier for decentralized innovation — and meme culture as a new form of economic power — the PUMP token represents a chance to own a piece of one of the most viral platforms in DeFi. As the launch draws near, all eyes will be on Gate.io and Pump.fun to see whether this token sale can live up to the hype, or if the project risks becoming a victim of its own meme-fueled success. Spot Solana ETF Approval Could Come Early as SEC Accelerates Review Process In related news, the US Securities and Exchange Commission (SEC) may fast-track the approval process for a spot Solana (SOL) exchange-traded fund (ETF), potentially paving the way for it to hit the market far earlier than anticipated. According to sources familiar with the matter, the SEC has requested that ETF issuers submit amended S-1 filings by the end of July, hinting at a regulatory effort to accelerate the launch timeline. While the SEC’s technical deadline for ruling on these filings is Oct. 10, multiple signs now point to a potential approval well ahead of schedule. The sudden urgency appears linked to the unexpected approval and launch of the REX-Osprey Solana and Staking ETF (SSK), which began trading last week. This fund, structured under the Investment Company Act of 1940, effectively bypassed the more stringent vetting process associated with the Securities Act of 1933. Due to its classification, the SEC had no choice but to allow the fund to launch, unless it had taken active steps to block it within a specific review window — which it didn’t. The result: SSK became the first Solana -related staking fund to hit US markets, giving it a first-mover advantage over the pending Solana spot ETF applications still waiting for approval under the Securities Act. Historically, the SEC has worked to avoid giving any one issuer a head start — as seen when it simultaneously approved multiple spot Bitcoin and Ethereum ETFs earlier in 2024. The First Official Communications on Solana ETFs The SEC’s recent communication with potential issuers marks a significant milestone in the approval process for spot Solana ETFs, which would become the third category of spot crypto ETFs in the US after Bitcoin and Ethereum. In June, the SEC requested that issuers revise their S-1 filings to include language around in-kind creations and redemptions, as well as clarity on staking mechanisms — the first formal signal that the agency is engaging directly with Solana-based product proposals. This request suggests that the SEC is actively preparing for approval and wants to ensure that the filings are technically and legally sound ahead of a potential green light. The accelerated review may also be driven by market dynamics. The launch of the REX-Osprey SSK ETF caught many market participants off guard, highlighting how less conventional regulatory pathways can give certain products an edge. The SEC's desire to restore competitive balance may explain the sudden push to expedite spot Solana ETF approvals across the board. If approved, Solana ETFs would not only provide traditional investors with exposure to SOL, but also help cement the token's place as one of the top-tier assets in US crypto markets. The token has already seen surging institutional interest due to its performance, speed, and cost-efficiency relative to Ethereum. Meanwhile, other applications for spot crypto ETFs — including those tracking XRP, Dogecoin (DOGE), and Litecoin (LTC) — remain pending, but have not shown the same signs of accelerated review from the SEC. A Turning Point in Crypto ETF Policy? The SEC’s evolving posture around Solana could mark a turning point in how it handles crypto-based ETFs more broadly. Its historical caution around altcoin-related products, often citing concerns about market manipulation and liquidity, may be softening — particularly in the wake of legal clarity, competitive pressures, and precedent-setting product launches like the SSK ETF. While no official approval has yet been granted for any of the spot Solana ETFs, the current signs suggest it may not be long before multiple issuers join the SSK ETF on the public market, giving US investors a broader set of tools to gain exposure to the Solana ecosystem.

8 Jul 2025, 02:56

Gate.io Removes Pump.fun Token Sale Page Amid Unclear Future for Solana Memecoin Offering

Gate.io has unexpectedly removed the webpage for the highly anticipated Pump.fun token sale, sparking uncertainty within the crypto community. The token sale was set to offer 150 billion Pump.fun tokens