<p>ChainCatcher reported that Velocity Capital investor DeFi Cheetah posted on X, stating that through an unconfirmed private channel, he heard the following rumors regarding pump.fun's fundraising:</p><ol><li>There will be no airdrop, but a whitelist will be set for the public sale;</li><li>The fundraising target for the public sale is 800 million USD, with a valuation of 5 billion USD;</li><li>VCs will also have a quota of 200 million USD, with the same valuation of 5 billion USD;</li><li>The public sale will be conducted on most major centralized exchanges (CEXs), and these exchanges are preparing for it.</li></ol><p>Previously, Blockworks reported earlier that pump.fun plans to raise 1 billion USD through a token sale, with a valuation of 4 billion USD.</p>

PUMP

ChainCatcher news: Velocity Capital investor DeFi Cheetah posted on X stating that through an unconfirmed private channel, he heard rumors about pump.fun's fundraising including:
1. No airdrop, but a whitelist will be set for the public sale;
2. The public sale's fundraising target is 800 million USD, with a valuation of 5 billion USD;
3. VCs will also have a 200 million USD quota, with the same valuation of 5 billion USD;
4. The public sale will take place on most major CEXs, and these exchanges are preparing for it.
Earlier, Blockworks had reported that pump.fun planned to raise 1 billion USD through token sales, with a valuation of 4 billion USD.

Investor from Velocity Capital reveals that pump.fun has no airdrop, with a potential launch valuation reaching 5 billion USD