The cryptocurrency exchange gate.io has quietly removed a page showing an upcoming token sale for Pump.Fun Solana based on the memecoin platform.
On Tuesday, the users of X noticed A “leaked” webpage showing the details of a public sale of official bombs.Fun official token, which is set to start on July 12.
The page shows 150 billion tokens offered at $ 0.004 from a total supply of 1 trillion tokens. The increase will reach nearly $ 600 million.
The Page says the IEO (Initial Exchange Offering) mark of the “First Official Public Token Sale,” and IEO appreciation is set to $ 4 billion.
However, the crypto exchange eventually removed the page from both English and Chinese The website versions, which now show a 404 “page not found” notice.
The Gate.Io Support Post adds to confusion
A Response From the support of the gate.io to a user about Takedown only added more confusion, saying, “Following the negotiations between the gate and the project, the gate removed the pump.Fun pre-market OTC. At this time, there was no confirmed date or announcement for its reopening opening.”
The message will refer to one October 2024 announcement that the exchange will no longer support over-the-counter trading for pump.fun.
Cointelegraph reached the gate.io and founder of pump.fun Alon Cohen to comment, but did not receive an immediate response.
Rumors in token sale
In early June, Rumors appear Pump.Fun is planning to raise $ 1 billion by a token sale to appreciate the company at $ 4 billion.
However, either the platform or its co-founder, Alon Cohen, has confirmed these rumors despite a report on the time mentioning people who are familiar with this matter.
Related: Pump.Fun and its founder hits X account suspension Blitz
Pump.fun’s popularity has weakened after the memecoin collapse
Solana based on the Meme Marketplace Pump.Fun advanced to the fame in January during the Memecoin Minting Frenzy.
The platform facilitated the creation of more than 11 million new tokens with a combined total income of approximately 4.4 million Solana (Sol), or approximately $ 655 million, According to In Dune analytics.
However, volumes have plummeted Around 75% from the height of the Memecoin Frenzy in January, Dune said.
Delete Report A more steep 80% collapse in the sunny volume on the platform over the past six months.
On Monday, Cointelegraph reported that Solana, Letsbonk’s latest Memecoin launchpad, reported that Memecoin Launchpad, Doubled pump.fun day -day income By $ 1 million, the leaderboard was shaking in the Memecoin space.
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