12 minutes.
How long it took for the pump. Offer tokens to raise approximately $ 500 million from retail investors in various exchanges, including baibit, cracon and cocoose.
Sale has priced 125 billion tokens at $ 0.004 Apis, which makes $ 4 billion perfectly diluted for the new utility tokens of the Solana-based Memcoin Launcher.
For now, the holders should wait for their hands to get their hands on the tokens purchased.
Pump.fun said that the tokens purchased will land in the wallet in the next 48-72 hours and will remain closed until the distribution ends, blocking trades or transfer.
Team Shared Official Solna Contract address- pumpcmxqmfrsakqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqQ5r49wcjnrayyyyyyyyyyyerqmxz6Ae8h7h7h7h9DFN- and warned users to zine the look-alive assets.
Read more: Pump gender at 40% premium at ICO price on hyperlicid ahead of the pump.
Overall, Pump.fun’s 1 trillion token of the ICO pump was set to sell 33% of the supply, with 18% already allocated through a private sales. Public allocation was recently reduced from 15% to 12.5%, which was sold in just 12 minutes.
Its other Allocation Include 20%for the team, 24%for community and ecosystem incentives, 13%for existing investors, 2.6%for liquidity, 2.4%for ecosystem fund, 2.4%for funds, a foundation fund and remaining for live streaming incentives.
Pump.fun allows anyone to hit and list a coin with a new token in a few clicks. When a fresh mining token reaches a specific extent, it is listed on decentralized exchanges.
The sales tokens come as the metrics of the launchpad, showing a deep decline in the activity. Defillama data shows that pump in January. Fun’s launchpad volume was above $ 11.6 billion, and since then has been rich in $ 3.65 billion continuously last month.
Similarly, the revenue generated through the launchpad decreased from $ 133 million in the first month of the year to about $ 34 million last month, Defilama data.
While the launchpad volume sank, the pump. Fun’s decentralized exchange pumpswap, which was launched in March, is formed for a decline, seeing a quantity of $ 14.3 billion in May and $ 10 billion in May. Revenue for pumpswap was $ 7 and $ 5 million for those months, similar Data source,
Update (July 12, 15:54 UTC), Adds more reference.
