PUMP.FUN plans to conduct a $1 billion token sale at a valuation of $4 billion
According to ChainCatcher, citing multiple informed sources from Blockworks, Pumpfun plans to conduct a $1 billion token sale at a fully diluted valuation (FDV) of $4 billion, targeting both public and private investors. The token is expected to launch within the next two weeks, but it is still uncertain whether it will be issued through its own platform.
Previously, Pumpfun co-founder Alon had posted to deny rumors regarding the potential launch of a token by Pumpfun.
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