Memeco Pump.fun 500 million dollars raised the ICO launch platform on Saturday, which was sold in about 12 minutes.
The distinctive code for the pump is the maximum supply of 1 trillion, and 33 % of the offer was Ieo dedicated. 24 % of the show is allocated to the ecosystem and future societal projects, while 13 % are allocated to current investors, according to Memecoin.
Of the 33 % ICO customization, 18 % went to institutional investors, 15 % were offered to retailers. ICO may refer to Pump.fun The highest assets category in 2024.
General symbolic sale also warns the return of primary currency offers, which faded for Organizing pressure in the United States During the reign of the former head of the Securities and Stock Exchange, Gary Ginsler.
Related to: Pump.fun buys Kolscan
Crypting community sounds mixed reactions on a pump.
Despite the $ 500 million collected in ICO, the encryption community is still divided into the effects of the pump. Fun and Memecoins in general, while celebrating the growth of the platform and others argue that it is negative net space.
“Outside one of the largest ICO ever, this will be one of the highest revenue codes in Crypto”, Haseeb Qureshi, the administrative partner of Dragonfly at Dragonfly, He said.
https://www.youtube.com/watch?
Mary Bint, Truth For The Communer (TFTC), responded to Quraishi and He said“Pump.fun and those who support it, even if it is along the arm, Pied Pipes leads Gen z to ruin.”
Coinbase Producer, Connor Graghan, He said The “vast majority” of symbols launched on Memecoin’s creation platforms such as Pump.fun and competitors such as letsbonk are they Created by automatic robots.
“There is one person responsible for about 18,000 symbols created on Pumpfun. They seem to wake up and create, on average, about dozens of symbols per hour until they go to bed, then do it again every day. They did it for several months,” The Exec books In January.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
magazine: Memecoins is DED – but Solana ‘100x is better “despite the decrease in revenues
