An upcoming token sale linked to Pump.fun, a meme coin platform built on the Solana
The page, which went live on July 8, outlined a plan to sell 150 billion Pump.fun tokens at a price of $0.004 each.
Based on this price, the sale would have raised around $600 million. The full supply was stated as one trillion tokens, which indicates a total valuation of $4 billion.
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The page described the event as Pump.fun’s first official public token sale, set to launch on July 12. However, the page had been taken down, and users trying to access it were met with a “404 page not found” message on both the English and Chinese versions of the site.
In a reply to a user asking about the removal, Gate.io’s support team said:
We would like to inform you that, according to the latest announcement (2024-10-31) regarding PUMPFUN, following negotiations between Gate and the project, Gate has removed Pump.fun (PUMPFUN) Pre-Market OTC.
The exchange added that “there is no confirmed date or announcement for its reopening”.
The response referred to a previous notice from October 2024, when Gate.io announced it would stop offering over-the-counter trading for Pump.fun.
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