Pump.fun confirms the plans to launch the distinctive symbol of the pump aimed at raising $ 1 billion
POMP.fun is preparing to launch its special code, with plans to raise up to one billion dollars in the initial sales. According to some reports, the sale can be estimated at about $ 4 billion.
The distinctive symbol will be presented to the public and private investors. Reports indicate that the sale can take place during the next two weeks, although no official date has been announced.
Beincrypto mentioned earlier that launch can take the form of either Airdrop or the liquidity bootstrapping (LBP). Each option comes with bares, but the project has not yet revealed the path it will take.
Speculation about the launch today intensified after the premiere name previously. The distinctive symbol, which is originally called “Pump”, has been linked to Pustbtc, a liquid protocol in favor of Babylon.
It changed byBit Ticker to “Pumptc”, leaving the “pump” available.
The move sparked a new discussion within the encryption community, as many indicated the launch of Token by the Solana platform. This speculation has now been confirmed.
Pump.fun has not made more technical details or features yet.
This is a developing story, and more information is expected in the coming days.
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