Odaily Planet Daily News According to the official announcement, the crypto asset trading platform Gate announced that it will support the public sale of the popular Solana ecological project Pump.Fun (token abbreviation: PUMP), which is expected to sell 15% of the total tokens, with a target fundraising scale of US$600 million and a project market value of US$4 billion.
The PUMP sale adopts an open and fair launch mode. Users can subscribe to tokens at a unit price of 0.004 USDT through the Gate platform. The subscription time is from 22:00 on July 12, 2025 to 22:00 on July 15 (UTC+8), while stocks last. Users can use USDT to participate, and the single subscription range is 5 to 100,000 USDT.
PUMP is a utility token issued by the Pump.Fun Memecoin issuance platform and the swap.pump.fun automatic market maker (AMM) protocol. Gate emphasized that this subscription activity was independently initiated by the Pump.Fun team, Gate Labs did not participate in the investment of this project, and the platform only provided technical and operational support, reminding users to fully understand the project background and potential risks before participating, make rational judgments and make prudent decisions.