Solana-Based PMP FUN Token Sale Pulled from Gate.io Amid Confusion
Main Idea
The Solana-based PMP FUN token sale was abruptly removed from Gate.io, causing uncertainty and community concerns due to lack of clear communication.
Key Points
1. The token sale planned to offer 150 billion PMP FUN tokens at $0.004 each, targeting a $600 million raise, with a fully diluted valuation (FDV) of $4 billion.
2. The sale page was suddenly deleted without official explanation, displaying a 404 error and a vague statement about removing pre-market OTC projects.
3. PMP FUN is known for facilitating the creation of new tokens but has seen a decline since the early 2025 memecoin frenzy.
4. The platform's co-founder had previously advised against expecting a native token, adding to the confusion.
Description
An anticipated token sale for PMP FUN, a Solana-based memecoin launchpad, has been abruptly removed from the cryptocurrency exchange Gate.io, sparking widespread confusion and speculation within the crypto community. The planned sale, which aimed to raise a significant amount of capital, has now been shrouded in uncertainty due to a lack of clear communication from … Continue reading "Solana-Based PMP FUN Token Sale Pulled from Gate.io Amid Confusion" The post Solana-Based PMP FUN Token Sale Pul...
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