Pump.fun is planning to raise $1 billion in a token sale at a $4 billion fully diluted valuation (FDV), according to Blockworks, which added that it was unable to confirm timing nor whether the new token would be issued on pump.fun.
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The platform, which allows any and all to freely create their own tokens on the Solana blockchain, has generated more than $700 million in total revenue since launching more than a year ago, according to the story.
Solana’s SOL SOL dipped about 2% as the news hit, but has since recovered about half of that knee-jerk decline.
📖 Related Reading
- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
- 📰 CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
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- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
- 📰 CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
Here’s what happened in crypto today
📖 Related Reading
- 📰 Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
- 📰 CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
🔗 You Might Also Be Interested In
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
Here’s what happened in crypto today
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
🔗 You Might Also Be Interested In
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
Here’s what happened in crypto today
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
🔗 You Might Also Be Interested In
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’
Here’s what happened in crypto today
💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!