Solana-based Pump.fun announced the acquisition of Kolscan, a prominent wallet-tracking analytics tool, just days before its ICO set for July 12.
Acquisition of Kolscan and Its Impact on Pump.fun
The merger of Pump.fun’s trading tools with Kolscan’s robust analytics capabilities marks a significant step towards redefining crypto trading. Integrating Kolscan’s technology will enhance transparency, enable effective copy-trading, and provide detailed wallet insights.
Free Analytics Tools for Users
Pump.fun plans to make all Kolscan analytics services free to its users. This will democratize access to advanced trading analytics tools and attract a broader audience, further enhancing the platform's community-driven approach.
Token Launch of $PUMP and Expected ICO Success
The ICO for Pump.fun is anticipated on July 12, aiming to raise up to $600 million. The platform plans to release 33% of the total token supply amounting to approximately 3 trillion tokens available to retail investors.
The acquisition of Kolscan and the upcoming ICO of Pump.fun highlight the importance of integrating social elements into crypto trading. The platform aims to build trust and ensure transparency for users.
