Pump.enjoyable, the Solana-based token launch platform on the heart of the memecoin craze, plans to carry a $1 billion token sale at a full valuation (FDV) of $4 billion.
A complete of three sources said that the token sale might be open to each personal and public buyers. Nonetheless, it’s not but clear when precisely the token might be launched or whether or not it is going to be distributed by the Pump.enjoyable platform. Nonetheless, a publish on the platform’s X (previously Twitter) indicated that the token might arrive throughout the subsequent two weeks.
If the deliberate $4 billion valuation materializes, Pump.enjoyable will grow to be the crypto world’s newest “unicorn” startup, having dominated the memecoin market over the previous 12 months.
Launching in early 2024, Pump.enjoyable permits customers to immediately create their very own Solana-based tokens without spending a dime. The platform has rapidly attracted the eye of crypto buyers, producing greater than $700 million in income up to now.
*This isn’t funding recommendation.
