Suspected Pump.fun plans to launch a $600 million token sale on Solana, which was briefly listed on Gate before being removed

ChainCatcher news, according to Decrypt, the meme coin launch platform Pump.fun on Solana originally planned to launch its token sale later this week, but the plan has since been put on hold. According to a page on the Gate.io cryptocurrency exchange, Pump.fun planned to offer 150 billion PUMP tokens for public sale, accounting for 15% of the total supply, priced at $0.004 per token, corresponding to a fully diluted valuation (FDV) of $4 billion. However, after attracting significant attention on social media, the page has been removed. Representatives from Pump.fun and Gate did not immediately respond to Decrypt's request for comment.