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.

$4B Valuation Fuels Massive Token Launch

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.

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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. 

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