Pump.relaxing’s professional token, PUMP, is buying and selling at a designate designate of $0.0056 on derivatives platform Hyperliquid, a price 40% above its upcoming ICO designate, as futures birth up pricing in quiz sooner than the July 12 token sale.
The token’s PUMP-USD perpetual pair went stay on July 9 following community requests, providing up to 3x leverage. In its first 24 hours, the pair generated $30 million in buying and selling volume, suggesting precise speculative interest despite the token no longer but being stay on-chain.
Delivery interest stood at over $17 million as of Asian morning hours Thuesday, however task is anticipated to scuttle after Binance Futures launches its be pleased PUMP perpetual contract on July 10 at 07:30 UTC.
The Pump.relaxing ICO will distribute 33% of PUMP’s complete 1 trillion token provide, with 18% already sold in a non-public spherical and 15% reserved for the public sale, each priced at $0.004. All tokens will be totally unlocked at birth.
Pump.relaxing is positioning the token as half of a broader plan to originate a decentralized social platform pitched as a Web3-native replacement to TikTok, Twitch, and Fb, the save customers are rewarded with money, no longer correct engagement.
The protocol has already generated over $600 million in income, largely from funds on meme coin launches, and has been on the heart of Solana’s low-friction token tell since early 2024.
Be taught extra: Pump.relaxing to Delivery PUMP Token through ICO on July 12
