Pump.fun’s long-awaited public token sales Completed in just 12 minutes and the investors reached the full 12.5% of the 1 trillion reduced supply in a quick step. The event brought up a total of 500 million US dollars from the sale of 125 billion pumps to 0.004 US dollars, which makes up for 12.5% of the total Billion -token offer.
Collected 500 million US dollars in just 12 minutes
The pump.fun ICO has become official One of the most explosive Token starts of the year after collecting 500 million US dollars and completing his sale in just 12 minutes. The crypto community, based in Solana, amazed the crypto community this Saturday with an explosive public token sales offer, which distributed 125 billion pump token, which corresponds to about $ 12.5% of $ 1 trillion with $ 0.004 each. This complete sale brings the pumps token to a fully watered rating (FDV) of $ 4 billion.
The investors took part in the ICO by buying directly on the pump. Fun Official token website Or one of the multiple centralized stock exchanges of the project, which include Bybit, Kucoin, Bitget, Kraken, Gate.io and Mexc. According to a dashboard on the official website, the Pump Pump -token website bought $ 448.5 million, 5 million US dollars worth 5 million US dollars worth 30 million dollars were bought on octopuses, and tokens worth 16.5 million US dollars were bought on Kucoin.
Picture From pump.fun
Buyers can expect pumps token to be distributed within the next 48 to 72 hours, but are temporarily deactivated during this window. Transfers are activated immediately after the distribution has been completed. However, activity in front of the market suggests a strong bullish atmosphere. The quick sale shows that the crypto could increase massively in the first trading sessions after the start, as long as the market is still in its current bullish condition at the time of its start.
Mixed reactions after a short sale
The earliest that pump could be tradable and accessible to us and British users is Monday, July 14th. In particular, the pump prize price rose up to $ 0.006989 Hyperliquid after the sale. Although it has dropped to this climax, it has recovered a bit and is now around 0.006989 US dollars.
Especially that Project of the sales project On the social media platform X, X was met on mixed reactions, as shown in the comments. Supporters celebrated the event, but Not everyone was impressed. Some users expressed frustration about exchange problems that prevented them from completing their purchases during the short 12-minute window, while other questions about the fairness of the token distribution raises, in particular in view of the discrepancy between the ICO originally promised for the ICO and 12.5%that were offered in public sale.
Picture From pump.fun
A dealer Reports a Huge short position at Hyperliquid at $ pump with a 2 -x lever with 8 million US dollars in USDC. The position is already about 800,000 US dollars in red and is approaching the liquidation at 0.0085 US dollars steadily.
Selected picture of Unsplash, Diagram from Tradingview
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