HOT DEVELOPMENT: Important Development for Memecoins! A New Token is Coming with a Valuation of 4 Billion Dollar!

The Solana-based token launch platform Pump.fun, which is at the center of the memecoin craze, plans to conduct a token sale of 1 billion dollars at a full valuation of 4 billion dollars (FDV).

A total of three sources indicated that the token sale will be aimed at both private and public investors. However, it is not yet clear when it will be launched as tokeninetam or whether it will be distributed through the Pump.fun platform. Still, a post made by the platform on X (formerly known as Twitter) suggested that the token may arrive within the next two weeks.

If the planned $4 billion valuation is achieved, Pump.fun will become the newest "unicorn" startup in the crypto world as a platform guiding the memecoin market in the past year.

Launched in early 2024, Pump.fun allows users to create their own Solana-based tokens for free and instantly. The platform has quickly attracted the interest of crypto investors, generating over 700 million dollars in revenue to date.

*This is not investment advice.

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