The post PUMP Token Launch on Gate.io Disrupted as Sale Page Gets Taken Down appeared on BitcoinEthereumNews.com.

PUMP Token Launch on Gate.io Disrupted as Sale Page Gets Taken Down
Gate.io removed the PUMP token sale countdown just before the launch date.
Pump.fun aimed to distribute 15% of its total tokens in the upcoming sale.
The PUMP token will power the Solana-based memecoin platform’s ecosystem.
The Solana-based memecoin project Pump.fun was scheduled to launch the PUMP token public sale on July 12, but the sale countdown page on the Gate.io exchange site disappeared, leaving no clear indication of the sale status. Planned Token Sale Details Source- X Pump.fun was going to sell 150 billion PUMP tokens at a price of 0.004 dollars per token, which amounted to 15 percent of the total supply of 1 trillion tokens. The sale to the general public was to last 72 hours or until the quota was filled up.  The sale was to be carried out both on Gate.io and Pump.fun own platform, with no maximum purchase restriction but a minimum buy-in. According to Gate.io FAQ, the sale was going to be first-come-first-served, and individual investors were free to take part as long as the quota existed. PUMP is a utility token in the Pump.fun ecosystem that enables mint-and-trade memecoins on the Solana blockchain with zero pre-mines or team tokens, no trading taxes. Since the beginning of 2024, Pump.fun has played a key role in Solana memecoin launches, making a total of more than 700 million dollars in revenue. Market Context and Challenges Although Pump.fun achieved great success at the beginning, its income and fee earnings dropped drastically.  Source – defillama.com The daily revenues decreased to about 533,000 on July 6, 2025, which is a great decline compared to the highest amount to have been made in January of 2025, which was 7 million. Fee generation was also…

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Filed under: News - @ July 8, 2025 9:28 pm