Cryptocurrency exchange Gate.io has announced the launch of a public token sale for PUMP, designated for the Pump.Fun platform. The sale will begin on July 12, 2025.
Details of the PUMP Token Sale
The PUMP token sale will begin on July 12, 2025, and will last for 72 hours or until tokens are sold out. The first sale will offer 150 billion PUMP, accounting for 15% of the total supply of one trillion. The sale price is set at 0.004 USDT/PUMP, giving the token an initial market value of $4 billion.
Parameters and Usage Opportunities for PUMP
PUMP will serve as the official utility token for the memecoin platform Pump.Fun and its integrated automated market maker (AMM) protocol. While holding PUMP tokens is not required to use the protocol, holders will be eligible to participate in promotional activities. There will be no upper limit for individual investors in this sale, apart from a minimum transaction amount.
Risks and Volatility of the PUMP Token
It is important to note that the volatility of PUMP will be high, with significant price fluctuations expected. A considerable portion of the total supply will be locked, which could also affect their value.
The upcoming PUMP token sale presents an opportunity for investors but comes with risks typical for cryptocurrency assets. Participants are advised to exercise caution and consider their investment strategy.
