Raising US$100 million in less than 1 day, Pump, which gave away coins for free, became the largest Meme coin in pre-sale history

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Launched at 6 pm on March 21, in less than 24 hours now, Big Pump (PUMP), the second Meme pre-sale project launched on Bakeryswap, has raised more than 100 million US dollars, breaking all Meme currency pre-sale records.

161,000 BNB, 2.7 million CAKE, 16 million BAKE, 1.4 billion 1CAT, plus 63.3 billion IQ50, with a total value of 100 million US dollars. This is Pump’s current record, and it is not until the end of the pre-sale (6 pm today ) about 1 hour left.

The main reason why PUMP was able to raise so much money so quickly is this: all participating tokens will receive a 100% refund, and $PUMP distribution will be based on the amount of participation.

Pump is a typical meme coin in the crypto, which means "huge pump". It is the second Meme coin pre-sold by Bakeryswap. The previous one was IQ50, the Meme on Solana. IQ50 was launched a few days ago during the Solana Meme craze. It was distributed for free and airdropped to 1Cat points users, making many people rich. The success of IQ50 has made a good start for PUMP.

$PUMP is a meme coin on the BNB chain. It represents the dream of everyone in the cryptocurrency field: to have a "huge pump" for their own coin. The Solana Meme coin craze has attracted the attention of many BNB ecological users, who all hope that one or a batch of BOME or Slerf will be born.

Today we have seen many KOLs promoting Pump.
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This model of "deposit coins first and then refund them" has recently been adopted by many projects, including the new Meme coin LADYF issued by Milady, which was just launched today. LADYF raised more than 91,000 SOL in the pre-sale and announced after the end of the pre-sale that all participating SOL will be refunded. The market value opened at the highest level this afternoon and exceeded US$200 million, and is currently hovering around US$100 million.

Pump's copying of this startup model will undoubtedly attract a large influx of funds and users, and being carried out on the Bakeryswap platform can also reduce the risk of the project running away. PUMP’s subsequent opening performance is exciting.

How to participate in PUMP pre-sale

The total amount of PUMP is 4,444,444,444,444. The token pre-sale lasts for a total of 24 hours, starting at 18:00 on March 21, UTC+8, and ending at 18:00 on March 22. There are 3 ways to participate in total:

1. Send $BNB, $CAKE, $BAKE to the designated addresses of three BNB chain tokens (use the MetaMask wallet, do not use the exchange address):

Those who want to participate can go to the official fundraising page, the address will not be included here: https://www.bakeryswap.org/#/launchpad

2. Send IQ50 tokens to the specified Solana address

Note: You need to bind the Solana address for payment on the Bakeryswap pre-sale page in order to receive pre-sale PUMP in the future.

3. Cross-chain $1CAT token to 1CAT Chain. The cross-chain operation needs to be performed on the Bakeryswap pre-sale page: https://www.bakeryswap.org/#/launchpad

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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