Pumpfun’s gigantic-scale pre-sale for PUMP tokens, along with preparations for itemizing on centralized exchanges, has been on the cryptocurrency neighborhood’s agenda. On the opposite hand, any other predicament that caught the neighborhood’s attention was the statements made by one among the platform’s founders, Alon, within the previous.
In a put up dated March 31, 2024, Alon openly questioned the explanation of pre-gross sales and made the next assertion:
“The ideal supreme thing about pre-gross sales is that it affords you the different to pocket the money raised.
Conclusion: Every pre-sale is a rip-off.”
These statements possess created struggle and have confidence issues within the neighborhood, especially inquisitive about that Pumpfun is on the second distributing tokens via a pre-sale mannequin.
In any other put up he made this year, Alon criticized the itemizing processes of centralized exchanges and acknowledged:
“Replace listings are stupid; there is now not any transparency within the itemizing process, main to counterfeit transactions and terrible quality coin choice.”
PUMP, that can successfully be launched on July 12, has additionally agreed with the authorities to be listed on many centralized cryptocurrency exchanges. PUMP developers recurrently reach to the fore with the transfer and sale of their platform revenues to centralized cryptocurrency exchanges as Solana in onchain metrics.
*Here’s now not investment advice.
