Exciting news for cryptocurrency enthusiasts! Pump.fun has announced the launch of its PUMP ICO on July 12, offering a massive 1 trillion token supply. This Solana-based project aims to revolutionize social platforms with blockchain technology.
What You Need to Know About the PUMP ICO
The PUMP ICO will sell 33% of the total supply at $0.004 per token. Here’s the breakdown:
- 18% allocated to private sale
- 15% available for public sale
- Same pricing for both sale types
Why Solana for Pump.fun’s Social Platform?
The project chose Solana for its:
- High transaction speeds
- Low fees
- Growing ecosystem
Token Distribution Strategy
Pump.fun has planned a comprehensive distribution:
| Allocation | Percentage |
|---|---|
| Community | To be announced |
| Team | To be announced |
| Investors | To be announced |
| Ecosystem funds | To be announced |
Frequently Asked Questions
When does the PUMP ICO start?
The ICO begins on July 12, 2024.
What’s the price per PUMP token?
Tokens will be sold at $0.004 each during the ICO.
How many tokens are available?
The total supply is 1 trillion, with 33% available in the ICO.
Why is Pump.fun building on Solana?
Solana offers the speed and scalability needed for their social platform vision.
