Pump.fun’s token sale page vanishes, $600M on the line – What next?

• The page sales page of $ 600 million has briefly appeared on gate.io before it was quietly deleted without explanation.
• Some traders warned that the start of the pump token.Fun could cause drainage of liquidity in memecoin markets.

Solana is [SOL] Launchpad Pioneer, Pump.Fun, became the center of speculation at the weekend after its alleged side sales side briefly appeared on gate.io – just a few hours later.

The deleted page showed 150 billion pump tokens (15% of the delivery) set for sale for $ 0.004, which meant an increase in $ 600 million and a valuation of $ 4 billion.

The sale was scheduled for the beginning of July 12, which would mean what would be the first official launch of the Fun token.

Gate says “No confirmed re -opening”. But why?

Naturally, suddenly removal Sales pages launched speculation via Crypto Twitter.

In response to the support team said,

“Gate has removed the OTC PRE-Market Pre-Market OTC. There is no confirmed date or notification of its re-opening at the moment.”

Especially during the press, Alon Cohen, co -founder of pump.fun, did not make any public statements on this matter.

“The largest and most controversial tge of all time”?

But chance Starting the token before 31. July remained high, at 83% on the polymarket.

In fact, Simon Dedic, a partner of Moonrock Capital, claimed that the deleted announcement was “legitimate”, quoted with the project.

He added that the debut would be the “most controversial” event of the generation of tokens.

“Probably it will be the biggest and yet most controversial TGE of all time. Whether you participate or not, you must watch.”

Like the first time, however, the update hit the subtitles, most users warned that the event would be an extraction of liquidity, such as the debut of Trump MEMECOIN.

In fact, some traders like sharks of income have said that the token will beScam“And no one should cry if they lose money.

“I don’t want to hear the only person complains to lose money when the token is launched.”

Another crypto analyst and influencer, Anem, considered it a second level that hit the twins. After the first intervention “Trump memecoin” indicated another freezing of liquidity.

Pump.fun faces wild competition

This means that the platform was an immediate success and supported MEMECOIN Supercycle.

Has treated More than $ 68 billion in the cumulative volume of trading and attracted a total revenue of $ 694 million since 2024.

However, traction and daily income has fallen significantly from more than $ 7 million to less than $ 2 million.

In addition, the competition of other launchpads memecoin faced Raydium’s [RAY] Launchlabs and Letsbonnkfun.

In fact, Letsbonnkfun surpassed the pump. FUN IN COMMENTS OVER THE LAST TWO DAYS Due to your viral Molecoin traction.

It remains to see how the market will respond to the debut.