The same launchpad pump.
In an article on the social media platform X, the solana-based platform (soil) said That his official native token, Pump, sold in a few minutes at the ICO event on July 12, generating millions of dollars in sales.
“The public sale of the pump is now over. We are delighted to reveal that the Pump public sale could only sell in 12 minutes. We would like to thank our entire community for participating!
All the tokens that have been sold on the Pump.Fun website and participating cryptography exchanges will be transferred 48 to 72 hours after the sale. The tokens will become negotiable and transferable once the protocol announces that the process is finished.
In a previous declaration, pump.fun said The fact that 33% of the maximum Pump supply of 1 Billion will be sold in ICO, 24% are reserved for community and ecosystem initiatives, 20% are allocated to the team, 13% for existing investors, 2.4% for the ecosystem fund, 2% for the Foundation, 3% for live broadcast and 2.6% for liquidity and exchanges.
According to data from the Crypto Exchange Gate, the public sale of token sold 125 billion pumps to 0.004 USDT each, increasing a total of $ 500 million.
Follow us on X, Facebook and Telegram
Do not miss a beat-Subscribe to obtain alerts by e-mail delivered directly in your reception box
Check price action
Surf the daily Hodl mixture
& nbsp
Warning: Opinions expressed at Daily Hodl are not investment advice. Investors should make their reasonable diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk and that all the losses you may undergo are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and the Daily Hodl is an investment advisor. Please note that the Daily Hodl is participating in affiliation marketing.
Image generated: Midjourney
