Gate.io suddenly released and quickly deleted an announcement about the PUMP token presale for Pump.fun without any explanation, causing confusion in the community. If the news is true, the presale will take place on July 12, aiming to sell 150 billion tokens at a price of $0.004 each, raising $600 million. However, both Gate.io and Pump.fun are currently facing credibility issues, and the plan to hold the presale on both platforms has raised further doubts. As of now, neither party has issued any official statements regarding this incident.