Suspected Pump.fun plans to launch a $600 million token sale on Solana, briefly listed on Gate before being removed

According to Decrypt, Pump.fun, a Meme coin launch platform on Solana, originally planned to launch its own token sale later this week, but the plan has since been suspended. According to a page on the Gate.io cryptocurrency exchange, Pump.fun planned to offer 150,000,000,000 PUMP tokens for public sale, accounting for 15% of the total supply, priced at $0.004 per token, corresponding to a fully diluted valuation (FDV) of $4,000,000,000. However, after attracting a lot of social media attention, the page has been taken down. Representatives from Pump.fun and Gate did not immediately respond to Decrypt's request for comment. [ChainCatcher]