Suspected Pump.fun Plan to launch $600 million token sale on Solana, briefly launched on Gate before being deleted

ChainCatcher reports that, according to Decrypt, the Meme coin launch platform Pump.fun on Solana originally planned to launch its token sale later this week, but the plan was subsequently suspended. According to a page on gate.io cryptocurrency exchange, Pump.fun planned to offer 150 billion PUMP tokens for public sale, representing 15% of the total supply, priced at $0.004 per token, corresponding to a fully diluted valuation (FDV) of $4 billion. However, after attracting significant social media attention, the page has been taken down. Representatives from Pump.fun and gate.io did not immediately respond to Decrypt's request for comment.