Gate.io Deletes $600M Pump.fun Token Sale Page - adtechsolutions

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Gate.io Deletes $600M Pump.fun Token Sale Page


Cryptococurrency Exchange Gate.io quietly removed the page showing the upcoming sale of tokens for MEMECOIN based in Solana.

On Tuesday users x he noticed “Escape” website showing details about public sale of pump.Fun Official token, scheduled to start 12 July.

The site shows 150 billion tokens offered for $ 0.004 out of a total supply of 1 trillion chips. The increase would be around $ 600 million.

The website states that IEO “first official sale of public token” Marks Marks and IEO awards is set at $ 4 billion.

However, the crypt stock exchange later removed from English I Chinese Web version, now showing notifications of 404 “Page not found”.

Original token sales page. Source: Colin Wu

Post support Gate.io contributes to confusion

AND response From the support of Gate.io to the User to stop stop, she only added more confusion and states: “After negotiations between the gate and the Gate project removed the pump.Fun in front of the OTC market. At this point, the date or notification of its re -opening is not confirmed.”

The message refers to October 2024 notification that the stock exchange would no longer support trading with a partition for pump.Fun.

Cointlegraph was addressed by the founder of Gate.io and the pump.fun Alon Cohen to express, but did not receive an immediate answer.

Pump.Fun Token Sale now shows notification 404. Source: Gate.io

Token sales

In early June, Rumors appeared This pump. Fun planned to get $ 1 billion through a speech that would appreciate companies for $ 4 billion.

However, neither the platform nor its co -founder, Alon Cohen, did not confirm these rumors despite the report when people were missing with this matter.

Related: Pump.fun and its founder hit in x Account Suspension Blitz

Popularity of pump.fun will disappear after memecoin forfeit

Meme Meme Thesplay Pump.Fun in January during January during MreeCoin MINTING.

The platform made it easier to create more than 11 million new tokens with a combined total income of approximately 4.4 million Solana (Sol), or about $ 655 million, according to DUN analysis.

However, the volumes have he fell According to Dune in January about 75% from the height of the madness MEMECOIN in January.

Defill news steeper 80% drop in daily volume on platform in the last six months.

On Monday, Cointlegraph announced that the latest memoin Launchpad Solana, Letsbonk, Daily revenues of double pump. With $ 1 million, shaking ranking in the memecoin space.

Related: Dogecoin set to reflection? Undulating eyes of us Bank license: Hodler’s Digest