Velocity Capital investor: I heard that pump.fun has no airdrop, and the sale valuation could be 5 billion dollars

ChainCatcher news, Velocity Capital investor DeFi Cheetah posted on X stating that through an unverified private channel, he heard rumors about the financing of pump.fun including:

1. No airdrop, but a whitelist will be set for the public sale;
2. The financing target for the public sale is $800 million, with a valuation of $5 billion;
3. VC will also have a quota of $200 million, with the same valuation of $5 billion;
4. The public sale will take place on most mainstream CEXs, which are all preparing for it.

Previously, Blockworks reported earlier that pump.fun plans to raise $1 billion through token sales, with a valuation of $4 billion.