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PUMP.FUN — IDO: What’s Known So Far (Including Gate.io Leak)
Token Sale Dates:
*️⃣ Expected to start on July 12, end on July 15.
*️⃣ This info briefly appeared on Gate.io, but was later deleted (why, though? 🤔)
Token Sale Terms (from deleted Gate.io page):
➖ Total Supply: 1 trillion PUMP
➖ For Sale: 150 billion PUMP (15%)
➖ Token Price: $0.004
➖ Project Valuation (FDV): $4 billion
➖ Raise Target: $600 million
➖ Duration: 3 days
➖ Format: via ~12 centralized exchanges (rumored)
Token Allocation / Tokenomics (partially confirmed, but could change):
15% ➖ Public IDO via CEXs (exact platforms unknown)
10% ➖ Airdrop for the community — 100B tokens (~$400M) — (a poor drop from a greedy project)
25% ➖ Reserved for buybacks and protocol revenue redistribution — (we all know this isn't Hyperliquid-tier, more like a checkbox feature)
📝 Note: The remaining 40% is unconfirmed — could go to team, ecosystem, treasury, etc. No official breakdown yet.
💸 There were unconfirmed rumors of early investors buying in at $100M–$400M FDV — you can do the math on their potential gains.
🤣 Let’s Take Off the Rose-Tinted Glasses on Pump Fun
*️⃣ Pump.fun has already sold ~$750M–$770M worth of SOL.
That means they're likely dumping SOL into the market constantly.
*️⃣ If the TGE has full unlock, we may see heavy selling pressure from airdrop recipients and early investors.
*️⃣ The public IDO is already launching at a $4B valuation — to 2x, you’d need it to hit $8B FDV.
For reference, $PUMP was trading at $5.2B–$5.8B FDV on Aevo pre-market.
➡️ Source: Dune Dashboard here — ⭐ leave a star, bro.
⚠️ Remaining Uncertainties:
➖ Final tokenomics and airdrop allocations
➖ Unlock/vesting schedules for team and investors
➖ Confirmed exchange listings
➖ Buyback details (what % of revenue, frequency, etc.)
➖ General market conditions
➖ Platform revenue has declined with competitors like Let’sBonk emerging — you can track it on Dune
Summary
Many key details are still up in the air. Until those are clarified, it’s hard to make a final judgment.
This post only presents the facts currently available — not investment advice.
As for me, I haven’t made my decision yet. I'm waiting…
But I don’t believe in this team.
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