Pump.fun announced the launch of the PUMP token ICO, which will take place from July 12 to 15. This launch has drawn attention due to restrictions for investors from the US and UK.
Who Can Actually Buy PUMP?
Investors from the US and UK will be unable to participate in the ICO due to regulatory hurdles. This could result in early liquidity being concentrated in Asia and other crypto-friendly regions.
When Does Trading Start?
The ICO opens on July 12 at 2 p.m. UTC on major exchanges such as Bybit, Kraken, and others. PUMP tokens will be available for trading after the sale concludes, tentatively from July 18.
What Are the Risks and Prospects for PUMP?
The PUMP ICO aims to sell 330 billion tokens out of a total of 1 trillion. If the team can deliver on promised features like fee rebates and community expansion, the token may become a successful asset. However, there are risks of user discontent due to delays in feature implementation and regulation.
The PUMP token ICO on Pump.fun draws attention due to its unique aspects. However, investors should consider both the risks and opportunities associated with this project.
