Is LetsBONK’s Success a Concern to Worry About?

After months of preparation, Pump.fun, a Solana (SOL)-based launchpad for memecoin, will conduct its initial coin offering (ICO) between July 12 and 15 through the Gate.io cryptocurrency exchange. Pump.fun public token sale will involve 150 billion tokens at an initial selling price of about $0.004.

According to the announcement, the PUMP token will have a maximum supply of 1 trillion tokens, thus a fully diluted valuation of about $4 billion.