Gate supports Pump.Fun (PUMP) public sale, open user subscription channel

Odaily Planet Daily News: According to the official announcement, the cryptocurrency asset trading platform Gate has announced support for the Solana ecosystem's popular project Pump.Fun (token ticker: PUMP), launching a public token sale. The sale aims to sell approximately 15% of the total tokens, with a fundraising target of $600 million and a projected project market value of $4 billion. The PUMP token sale will adopt an open and fair launch mode, allowing users to subscribe to tokens at a price of 0.004 USDT through the Gate platform. The subscription period is from July 12, 2025, 22:00 to July 15, 2025, 22:00 (UTC+8), with sales ending when tokens are sold out. Users can participate using USDT, with subscription amounts ranging from 5 to 100,000 USDT. PUMP is a utility token issued by the Pump.Fun Memecoin issuance platform and swap.pump.fun automated market maker (AMM) protocol. Gate emphasizes that this subscription activity is independently initiated by the Pump.Fun team, and Gate Labs has not participated in the project investment. The platform only provides technical and operational support, reminding users to fully understand the project background and potential risks, make rational judgments, and proceed with caution.