Pump.fun ICO sells 12 minutes, collects $ 600 million: for retail, this means … star-news.press/wp

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Pump.fun concluded the sale of the distinctive general code on July 12, 12 minutes after its inception. Society had mixed reactions to the entire event, as some call it revolutionary while others are called Grift.

Memecoin Creation Platform Pump.fun (POMP) completed a general symbolic sale of $ 500 million on July 12.

The distinctive code of 150 billion years has been set for 72 hours on the pump.

A After x Read,

“the $ The general sale is now over. We are pleased to reveal that $ The general sale was able to sell in only 12 minutes. We would like to thank our entire society for sharing! “

All symbols that are sold on Pump.fun or participating exchanges will be transferred to participants in the next 48-72 hours, advertisement Read.

During this distribution phase, the transportation operations became temporary and cannot be transferred.

source: pump.fun on x

The total offer is 1 trillion symbols, with 33 % of the offer to ICO. Within 33 %, 18 % are allocated to institutional investors in a special sale, and 15 % retail in a public sale.

ICO pump at $ 0.004 per code, and the sale was made via bybit, kraken, bitget, Mexc, Kucoin and Gate. Note bybit European Union customers will be banned from participating in ICO.

The sale of the entire 33 % will reach the total revenue to $ 1.32 billion. In July, 50 % of the total width will be unlock, which will expand to 70 % by mid 2026.

Buy the opportunity, or a meaningless temptation?

ICO was mixed reactions from the encryption community. Haseeb Qureshi, administrative partner at Dragonfly at Dragonfly, Be praised as ,

“One of the higher revenue codes in encryption.”

However, in response to this, Mary Bint, “The Truth for the Joint”, Founder, He saidand

Pump.fun And those who support it (even if it is along the arm) PIDERS leads Gen Z to ruin. “

There was Rumors From Airroprops for PEMP.fun users, but at the time of the press, there was no confirmed news on this topic.

There was also cash From the distinctive symbol. Airdrops, which “would come soon”, also drew the anger of the users and did little to clarify the topic.

the A fastest growing company in history It reached major landmarks in record time. Its critics have argued that the high launch price is limited to meaningful gains.

the A bullish argument For the pump, 25 % of the large revenues were allocated to buy pump codes. This can create upward pressure on the price.

The head of the Coinbase, Conor Grogan, noticed that the best accounts are on the pump. Fun launch a new symbol every three minutes on average. It is too I mentionedand

“The vast majority of symbols launched on Pumpfun and Letsbonk are managed today by robots.”

The completion of selling the pump for 12 minutes was impressive. Investors and merchants must conduct their research hard before they decide whether they want to buy the pump or stay away from the distinctive symbol and the risky small mechanics.