Pump. Fun to raise $ 1 billion per sale of $ 4 billion tokens in evaluation: Blockworks

Pump.fun plans to raise $ 1 billion for sale of tokens to an entirely diluted evaluation of $ 4 billion (FDV), according to Blockworks, which added that he was unable to confirm the timing or if the new token would be issued on Pump.fun.

The platform, which allows everyone to freely create their own tokens on the Solana blockchain, has generated more than $ 700 million in total income since its launch more than a year ago, in history.

Solana soil

has dropped approximately 2% to the news, but has since recovered about half of this instinctive drop.

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