JUST IN: Important Development for Memecoins – New Token Arrives with a $4 Billion Valuation

Pump.fun, the Solana-based token launch platform at the center of the memecoin craze, plans to hold a $1 billion token sale at a full valuation (FDV) of $4 billion. A total of three sources stated that the token sale will be open to both private and public investors. However, it is not yet clear when exactly the token will be released or whether it will be distributed through the Pump.fun platform. However, a post on the platform’s X (formerly Twitter) indicated that the token could arrive within the next two weeks. Related News: Expert Analyst Predicts When the Fed Will Cut Interest Rates - “It Will Be Bigger Than Expected” If the planned $4 billion valuation materializes, Pump.fun will become the crypto world’s latest “unicorn” startup, having dominated the memecoin market over the past year. Launching in early 2024, Pump.fun allows users to instantly create their own Solana-based tokens for free. The platform has quickly attracted the attention of crypto investors, generating more than $700 million in revenue to date. *This is not investment advice. Continue Reading: JUST IN: Important Development for Memecoins – New Token Arrives with a $4 Billion Valuation