pump.fun sold 12.5% of tokens in this public sale, which differs from the previously announced 15% allocation
BlockBeats News, July 12 — According to information on the official pump.fun website, 12.5% of tokens were sold in this public sale, raising $500 million, which differs from the previously announced plan to sell 15% of tokens and raise $600 million.
As of now, pump.fun has not publicly disclosed the reason for the discrepancy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.
The HyperLiquid team unstakes 2.6 million HYPE tokens, with part of the funds restaked.
The National Bank of Kazakhstan (NBK) is considering investing up to $300 million in crypto assets.
