1 week ago
Pump.fun is readying to rise $1 cardinal successful a token merchantability astatine a $4 cardinal afloat diluted valuation (FDV), according to Blockworks, which added that it was incapable to corroborate timing nor whether the caller token would beryllium issued connected pump.fun.
The platform, which allows immoderate and each to freely make their ain tokens connected the Solana blockchain, has generated much than $700 cardinal successful full gross since launching much than a twelvemonth ago, according to the story.
Solana's SOL SOL dipped astir 2% arsenic the quality hit, but has since recovered astir fractional of that knee-jerk decline.
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