The sale of PUMP tokens on the Pump.fun platform drew attention from crypto investors due to its rapid sellout and significant funding.
Sale Results
The total funds raised during the public sale of PUMP tokens amounted to $600 million. The sale concluded in just 12 minutes after the launch, indicating a high level of interest from investors. Pump.fun sold 150 billion tokens at a fixed price of $0.004 each.
Token Unlock Expectations
According to the published timeline, participants in the sale can expect their tokens to unlock within 48 to 72 hours. Major platforms involved in the sale have provided instructions for accessing and claiming the purchased tokens.
Regulatory Restrictions on Token Purchases
The token sale took place across several exchanges and launchpads, including Bitget and KuCoin. However, due to regulatory restrictions, buyers from the United States and the United Kingdom were unable to participate. Despite these access limitations, demand for the tokens exceeded available supply, leading to a swift sellout.
The sale of PUMP tokens on Pump.fun affirms the increasing interest in new cryptocurrency projects, despite existing regulatory barriers in some regions. Token unlock is expected in the coming days, heightening investor interest.
